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1600 Cedar St
Raton, NM 87740

$1,500,000 USD

Hotel For Sale • 28,000 SF

Property Details

Property Type Hotel
Total Building Size 28,000 SF
Lot Size 2.33 AC
Building Class C
Year Built 1977
Zoning LI

0 Transit Score

33 Walk Score

                
                    Highlights
                
                                Owner/Operator Opportunity – Ideal entry-level hotel for and owner operator looking for an affordable entry into hotel ownership.
                            
                                Value-Add Potential – Underperforming asset with upside through improved management and completion of Property Improvement Plan (PIP).
                            
                                Attractive Pricing – Priced below replacement cost at $15,000 per key.
                            
                                Strategic Location – Prime location off I-25 in Raton with strong visibility and steady travel demand.

Public Transportation

Commuter Rail	Drive	Walk	Distance
Raton (Southwest Chief - Amtrak)	4 min	-	1.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Alex Nielsen 801-704-1660 Newmark Mountain West

1600 Cedar St Raton, NM 87740

$1,500,000 USD

Property Details

Highlights

Public Transportation

Parking Details

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1600 Cedar St
Raton, NM 87740