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- LoopNet Team
1798 State Highway 68
Ranchos De Taos, NM 87557
CALL FOR OFFERS: Taos Motor Lodge · Hospitality Property For Sale
·
8,294 SF
Investment Highlights
- CALL FOR OFFERS DEADLINE OF 8/26/24
- 26 Key hotel in popular tourist area
- Situated on ±0.58 acres and development potential exists
- 12.7% Cap Rate (Pro Forma). 3.5x Revenue Multiplier (Actual T12).
- Newly renovated (2022) boutique hotel/motel in the popular vacation market of Taos, New Mexico
- Broker of Record: SVN/Walt Arnold Commercial Brokerage, Inc.
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1984/2023 |
| Building Class | B | Parking Ratio | 2.76/1,000 SF |
| Lot Size | 0.58 AC | Corridor | Exterior |
| Building Size | 8,294 SF | ||
| Zoning | Commercial - This parcel has been grandfathered in to its current zoning district to allow its specific use on this land. | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.58 AC |
| Building Size | 8,294 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2023 |
| Parking Ratio | 2.76/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial - This parcel has been grandfathered in to its current zoning district to allow its specific use on this land. |
Amenities
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
About 1798 STATE HIGHWAY 68 , RANCHOS DE TAOS, NM 87557
CALL FOR OFFERS DEADLINE OF 8/26/24 SVN | Northco is pleased to present for sale the Taos Motor Lodge, located in Ranchos de Taos, NM, approximately 4 miles Southwest of Taos, NM, and 1/2 mile from the famous San Francisco de Asis Church ("Property"). This unique hotel combines authentic southwestern detailing with new-age comforts to bring restful and rejuvenating stays to visitors from across the country. Completely renovated in 2022, the fully operational Taos Motor Lodge is inspired by its surroundings and local community. With 26 rooms in the lodge, and additionally available 3 airstreams, and 1 tiny house, this affords significant lodging opportunity on a +/- 0.58 acre footprint. Ranchos de Taos is a small town located in northern New Mexico, about 4 miles southwest of Taos. This area is famous for its vibrant arts community and cultural heritage - Ranchos de Taos is well known for its traditional adobe architecture, giving the village a charming and authentic Southwestern ambiance. Nestled in the high desert of New Mexico, Ranchos de Taos sports breathtaking views of the Sangre de Cristo Mountains and open plains. The area has long been a magnets for artists, writers, and musicians and hosts various art galleries, studios, and cultural events to showcase the creative talent of the local community.
Property Taxes
| Parcel Number | 22036 | Improvements Assessment | $241,002 |
| Land Assessment | $54,268 | Total Assessment | $295,270 |
Property Taxes
