1600 Cedar St | Raton, NM 87740
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- LoopNet Team
1600 Cedar St
Raton, NM 87740
Travelodge Raton · Hospitality Property For Sale
·
28,000 SF
INVESTMENT HIGHLIGHTS
- Owner/Operator Opportunity – Ideal entry-level hotel for and owner operator looking for an affordable entry into hotel ownership.
- Attractive Pricing – Priced below replacement cost at $15,000 per key.
- Value-Add Potential – Underperforming asset with upside through improved management and completion of Property Improvement Plan (PIP).
- Strategic Location – Prime location off I-25 in Raton with strong visibility and steady travel demand.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 28,000 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1977 |
| Lot Size | 2.33 AC | Corridor | Exterior |
| Zoning | LI - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.33 AC |
| Building Size | 28,000 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Corridor | Exterior |
| Zoning | LI - Commercial |
PROPERTY TAXES
| Parcel Number | 6717 | Improvements Assessment | $447,514 |
| Land Assessment | $35,025 | Total Assessment | $482,539 |
PROPERTY TAXES
Parcel Number
6717
Land Assessment
$35,025
Improvements Assessment
$447,514
Total Assessment
$482,539
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