715 Highway 64 E - Hospitality FOR SALE


Eagle Nest, NM 87718
$1,400,000 USD
405-810-1414
715 Highway 64 E, Eagle Nest, NM for Sale
$1,400,000 USD
Hospitality - FOR SALE
1/26
null | Request Cap Rate

715 Highway 64 E
Eagle Nest, NM 87718


OVERVIEW

The two-story Econo Lodge is located in northern New Mexico in the popular summer-home and resort destination Eagle Nest, New Mexico. Just minutes away from the Angel Fire Ski Area, the hotel is situated on the north shore of majestic Eagle Nest Lake and near the Enchanted Scenic Byway, Rocky Mountains, and the Colin Neblett Wildlife Area, the largest wildlife area in the state. This state park features the soaring 400-foot granite formations known as the Cimarron Palisades. Year round activities include fishing, hiking, skiing and relaxing.  The 32-room hotel includes a guest laundry, breakfast area, a sundeck with a breathtaking view, copy & fax machine, meeting room and a fitness room and living quarters. There are also a limited number of cold weather and RV hook-ups. This absentee owner has the hotel currently leased out and will entertain all serious offers. Please contact Peter Holmes for all tours. Please do not visit the hotel without signing a CA & making an appointment with the listing broker.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$108 USD /SF

# OF ROOMS

32

PRICE/ROOM

$43,750 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge Eagle Nest

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1989

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

H-1

APN/PARCEL ID

7110

ASK ABOUT THIS PROPERTY

Bruce HolmesHotelBrokerOneMore Info
405-810-1414

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Bruce HolmesHotelBrokerOneMore Info
405-810-1414

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