201 S Canal St | Carlsbad, NM 88220
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201 S Canal St
Carlsbad, NM 88220
The Trinity · Hospitality Property For Sale
·
6,690 SF
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 6,690 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1892/2007 |
| Lot Size | 0.53 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 6,690 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1892/2007 |
| Corridor | Interior |
AMENITIES
- Restaurant
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 201 S CANAL ST , CARLSBAD, NM 88220
Historic hotel and restaurant. Completely renovated in 2007, all upgraded utilities to code, new vinyl and foam roof in 2017, beautiful antique fixtures in all rooms, Italian inspired bathrooms and tile work, restaurant is award winning Italian, beer and wine bar, seating capacity 80. Carlsbad, NM is directly in the middle of the booming Permian Basin oil boom. Room rates have been maintained by current owner at below going rates. Property is profitable with an 8.7% Cap rate.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $257,214 | |
| Land Assessment | $9,000 | Total Assessment | $266,214 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$9,000
Improvements Assessment
$257,214
Total Assessment
$266,214
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