88 Main St - Hospitality FOR SALE


Pinos Altos, NM 88053
$2,100,000 USD
651-492-0563
88 Main St, Pinos Altos, NM for Sale
$2,100,000 USD
Hospitality - FOR SALE
1/34
null | 10.52% Cap Rate

88 Main St
Pinos Altos, NM 88053


HIGHLIGHTS

  • 10.52% Cap Rate (2021-2024 Average EBITDA/SDE)
  • Well-Established Mountain Lodging Property located in Pinos Altos, NM, in close proximity to Silver City, NM
  • 15 Split-Entry Cabin-Style Units with Private Entrances, designed for comfort and functionality in a rustic mountain setting
  • Extensive On-Site Amenities including an event lodge, outdoor amphitheater, gift shop, BBQ facilities, on-site parking, cable TV, WiFi, AC & more
  • Existing Staff/Management handles the majority of operational execution.
  • Broker of Record: Cassie Carver with Silver Advantage Real Estate

OVERVIEW

SVN | Northco is pleased to present, as exclusive advisor to ownership, the sale of Bear Creek Motels & Cabin, a well-established mountain lodging property located in the historic village of Pinos Altos, New Mexico (“Property”). Perched at approximately 7,000 feet and just minutes north of the regional economic hub of Silver City, the Property features 15 split entry cabin-style units with private entrances and modern amenities, including fireplaces, WiFi, and cable television, and full kitchens in select units. Guests also enjoy extensive on-site offerings such as an event lodge, outdoor amphitheater, gift shop, BBQ facilities, and pet-friendly accommodations. Surrounded by pine-covered hills and near the Gila National Forest, Bear Creek Motels & Cabin benefits from consistent demand driven by outdoor recreation, heritage tourism, and regional travel, presenting investors with a unique opportunity to acquire a distinctive lodging asset that combines lifestyle appeal with durable, year-round regional demand. This asset is well-situated for either an owner-operator, or an off-site owner, given the staff that are in-place.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$178 USD /SF

# OF ROOMS

15

PRICE/ROOM

$140,000 {currency}

CAP RATE

10.52%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bear Creek Motel & Cabins

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.63 AC

LAND SF

201,683 SF

ZONING

C

APN/PARCEL ID

3077096428340,3077096467312

ASK ABOUT THIS PROPERTY

Ned RuppSVN | Northco Real EstateMore Info
651-492-0563

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Ned RuppSVN | Northco Real EstateMore Info
651-492-0563

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.