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1043 Paseo del Pueblo Sur
Taos, NM 87571
Quality Inn Taos · Hospitality Property For Sale · 66,480 SF

Investment Highlights

  • Two-Story, 99-Room, Mixed Corridor, Midscale Hotel Located in Taos, New Mexico
  • Well Positioned with Excellent Visibility from Highway 68
  • Operational Upside for Prospective Hands-On Owner-Operator
  • Priced Below Replacement Cost at $39,394 Per Key
  • Located in Highly Sought-After Year-Round Tourism Market
  • Offered Fee Simple, Unencumbered by a Management Contract or Debt

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.25 AC
Building Size 66,480 SF
No. Stories 2
Year Built/Renovated 1974/2004
Parking Ratio 4.02/1,000 SF
Corridor Interior
Zoning R-14

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Hot Tub
  • Fully-Equipped Kitchen

About 1043 PASEO DEL PUEBLO SUR , TAOS, NM 87571

Property Overview: The Quality Inn Taos is a 99-room, two-story, mixed corridor hotel. The Choice Hotels International, Inc-branded property was built in 1974 and features a living room in select suites, ?at-screen television, refrigerator, and microwave in the guest rooms. The common area amenities include an outdoor hot tub, seasonal outdoor pool, truck/bus parking and a meeting room. Location Overview: Taos, New Mexico, is home to a world-class ski resort (Taos Ski Valley), a World Heritage Site (Taos Pueblo), and an array of art galleries located in the northern part of the state. The Sangre de Cristo Mountains is the southernmost subrange of the Rocky Mountains and frames the landscape for this year-round tourism market region. There are over 300 days of sunshine a year and travelers have access to more than 200,000 acres contained in The Rio Grande Del Norte National Monument. Recreational options include water sports, skiing, ?shing, golf, and hiking. The Taos Ski Valley is in the midst of a $300 million renaissance to enhance the guest experience, and will continue to be a market demand generator. In February 2020, Reader's Digest noted Taos as one of the top 13 Romantic Small Towns to travel due to its architecture, diverse history from before the nation was established, and more than 80 art galleries and three museums. There are two major driving routes to Taos from Santa Fe which include different scenic options for travelers. First, The "High Road" to Taos is through mountains, past 13,000-foot peaks and small, isolated mountain towns, and second, The "Low Road", which is the most direct route where local produce farmers set up roadside fruit and vegetable stands with views of the Taos Valley landscape. The city is less than 12 hours drive time from major metropolitans through the Southwest, West, and Midwest which includes Austin, Dallas, Oklahoma City, Phoenix, El Paso, Lubbock, Colorado Springs, and Denver. The city also attracts many travelers within New Mexico and is less than three hours from Santa Fe and Albuquerque.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 88953
  • 23105
Land Assessment
$200,223
Improvements Assessment
$785,393
Total Assessment
$985,616
  • Listing ID: 24447575

  • Date on Market: 11/8/2021

  • Last Updated:

  • Address: 1043 Paseo del Pueblo Sur, Taos, NM 87571

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