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1445 S 2nd St
Raton, NM 87740
Oasis Restaurant, Motel & House · Hospitality Property For Sale
·
12,104 SF

PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1970 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.71 AC | Corridor | Exterior |
| Building Size | 12,104 SF | ||
| Zoning | C-3 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.71 AC |
| Building Size | 12,104 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Tenancy | Single |
| Corridor | Exterior |
| Zoning | C-3 |
AMENITIES
- Restaurant
- Spa
ABOUT 1445 S 2ND ST , RATON, NM 87740
JDS Real Estate Services, Inc. is pleased to present the sale of the Oasis Restaurant & Motel located in Raton, NM. An independent 14 room property on the east side of Highway 64, just north of Woodrow Ave, and is easily visible from Interstate-25, which is the main interstate through the Buffalo Wyoming to Las Cruces, NM. Future Upside Potential The motel and restaurant currently has no historical financial data, given the market and location this property is positioned to perform well. The hotel was recently renovated and brought up to standards of stay worthy independent motel, which suggest that the motel has not yet stabilized and profit can only increase. Strong Performing Future Independent Asset The motel offers prospective buyer the opportunity to acquire an independently branded cash flowing asset. The motel has consistently performed well in prior years before the pandemic. The market and revenue is expected to increase as the motel will continue to cash flow in the coming years. Unencumbered by Management The motel is ideally offered unencumbered by management, providing a buyer with full optionality, including new management. The option of keeping the current management in place may be available as well. High Visibility In-Town Location The motel boasts an excellent, high visibility on on Highway 64 and is close to restaurants, shops and other various businesses as well as between two exits off of Interstate-25.
PROPERTY TAXES
| Parcel Number | 12707 | Improvements Assessment | $92,870 |
| Land Assessment | $30,657 | Total Assessment | $123,527 |
PROPERTY TAXES
Listing ID: 23751525
Date on Market: 7/22/2021
Last Updated:
Address: 1445 S 2nd St, Raton, NM 87740
