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18000 Highway 180 E
Hurley, NM 88043
Gateway Plaza Motel · Hospitality Property For Sale
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10,000 SF
Investment Highlights
- Sits on Hwy 180 E between Deming and Silver City, NM
Property Facts
| Property Type | Hospitality | Building Size | 10,000 SF |
| Property Subtype | No. Stories | 1 | |
| Building Class | C | Year Built | 1970 |
| Lot Size | 5.40 AC | Corridor | Exterior |
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 5.40 AC |
| Building Size | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Corridor | Exterior |
| Zoning | Commercial |
Amenities
- Restaurant
About 18000 HIGHWAY 180 E , HURLEY, NM 88043
Gateway Plaza is located on Highway 180 between Deming, NM and Silver City, NM at the entrance to Hurley, NM. Property consists of a gas station operating as a Conoco, a restaurant with a mini mart, a motel consisting of 18 rooms, a 16 unit self storage, 2 mobile homes-a 4bdr/3bath and a 3bdr/2bath sitting on approx 6 acres. 2017-2018 Restaurant was updated. Newer roof on motel along with other updates. Financials available with a Confidentiality Agreement. Using YTD actuals, the cap rate is at 11.75%.
Property Taxes
| Parcel Numbers | Improvements Assessment | $138,363 | |
| Land Assessment | $20,642 | Total Assessment | $159,005 |
Property Taxes
Parcel Numbers
Land Assessment
$20,642
Improvements Assessment
$138,363
Total Assessment
$159,005
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