Gateway Plaza is located on Highway 180 between Deming, NM and Silver City, NM at the entrance to Hurley, NM. Property consists of a gas station operating as a Conoco, a restaurant with a mini mart, a motel consisting of 18 rooms, a 16 unit self storage, 2 mobile homes-a 4bdr/3bath and a 3bdr/2bath sitting on approx 6 acres.
2017-2018 Restaurant was updated. Newer roof on motel along with other updates.
Financials available with a Confidentiality Agreement. Using YTD actuals, the cap rate is at 11.75%.