Super 8 by Wyndham Raton 1610 Cedar St 48 Room Hotel Raton, NM 87740 $1,390,000 ($28,958/Room)

INVESTMENT HIGHLIGHTS

  • Offered at $28,958 per key
  • Raton is a key stopover for cross-state traffic and a major draft for outdoor recreation
  • Significant value-add opportunity for owner-operator
  • The owner has made over $130k in improvements to the property

EXECUTIVE SUMMARY

Built-in 1983, this three-story, 48-room Super 8 by Wyndham features an interior corridor layout with a welcoming lobby and dedicated breakfast area. The property operates under a 20-year franchise agreement with Super 8, which began in December 2015. There is notable PIP work to be completed and once complete the new owner will greatly benefit from the investment.
Positioned just off Interstate 25, the hotel benefits from consistent traffic along this major north-south travel corridor. Nearby amenities include a variety of local restaurants and national chains. There is a dog park adjacent to the property which is a major draw for hotel guests. Reviews for the property leave room for improvement, which is something a hands-on owner-operator can address right away.
Raton, New Mexico is strategically located on I-25 near a crucial mountain pass and is the gateway to Colorado. From Tucson to New Orleans, from Albuquerque to Dallas, if you’re on the road to Denver, Raton is a key point on the journey. This is great for ensuring steady demand, but it’s not the only driver this market has to offer.
Raton is renowned for its expansive natural beauty. The area draws travelers both globally and regionally for near year-round outdoor recreation opportunities. Additionally, Raton sees an influx of demand from elk hunters in the fall. Energy, mining, and construction activities provide demand for long-term lodging. Raton is a diverse market that is well-positioned to continue benefiting from stable demand for the foreseeable future.

ATTACHMENTS

OM_Super 8 Raton

PROPERTY FACTS

Price $1,390,000
Price Per Room $28,958
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.90 AC
Building Size 16,746 SF
No. Rooms 48
No. Stories 3
Year Built/Renovated 1983/2019
Parking Ratio 3.88/1,000 SF
Corridor Interior
Opportunity Zone Yes
Zoning C-3 - Commercial, 3 stories

AMENITIES

  • Balcony
  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 1 $87.00 -
Guest Room 47 $77.00 -
  • Listing ID: 35279423

  • Date on Market: 3/27/2025

  • Last Updated:

  • Address: 1610 Cedar St, Raton, NM 87740