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308 Canyon Dr
Raton, NM 87740
Raton Pass Motor Inn · Hospitality Property For Sale
·
7,103 SF

INVESTMENT HIGHLIGHTS
- Mountain Views
- Quiet
- Loyal Customers
PROPERTY FACTS
ABOUT 308 CANYON DR , RATON, NM 87740
Motivated Seller! Possible Owner finance, with 50% down! Built in 1956, the Raton Pass Motor Inn has been lovingly restored to its former mid-century modern charm. There are 14 guest rooms and one suite, each with an individual theme. The themes range from cowboys to pinups to monster movies, and each room has authentic vintage touches. The suite has one queen bed and a complete kitchenette. There are five double rooms (two queen beds) and nine single rooms that have either a king or queen bed. All of those rooms have a mini fridge and microwave. The building that houses the office and lobby is crowned with the original sign from the days when the motel was known as the Capri. Inside the building is full of a carefully curated collection of vintage goodness. Behind the motel, and included in the purchase, is a two-story early 1900’s house that has been converted into a duplex. The night manager is currently occupying one unit, and the other unit is used to produce income. Also behind the motel is a large lot that has two vintage campers that are available for guest use during the warmer months. Altogether, the land totals just over an acre. The property is designed for guests who enjoy hanging out outdoors, with fire pits, hammocks and BBQ’s available. One of the unique things about the location is that it’s on the very north end of town, which is a quiet and scenic area, and within walking distance to the historic downtown and the Amtrak station. In addition to the buildings, campers and all vintage decor, a 1960 Dodge truck and 1965 Ford Ranchero will be included. Both of them are in running condition and built for the drag strip, but work great as eye catching decor. An adjacent one acre lot is also available from a different seller, and would be ideal to use as a small RV site. Raton Pass Motor Inn recently received TripAdvisor's Traveler's Choice award for 2020 which places it in the top 10% of hotels worldwide, and is rated #1 in Raton on Tripadvisor and other review sites, and has many loyal guests who return yearly or more often. There is a strong online presence, and the social media accounts have robust followings. The business has potential for much additional growth, and is sized to work great as a vintage wedding venue or for reunions, retreats or other gatherings. The city of Raton itself is entering a period of renaissance, and both the city and the surrounding areas in northern New Mexico and southern Colorado are emerging tourism destinations. Raton’s sister city of Trinidad CO has a lot of momentum building in its art movement, and that is carrying over into Raton. As well, a major outdoor recreation area is being created that spans the CO/NM border area. New Mexico has recently created a Department of Recreation, and will be focusing on this area. Raton is located only minutes from the Colorado border, and sits at the crossroads of I-25 and US HWY 87. Thousands of Texans and other travelers come through daily on their way to Colorado, ensuring a constant supply of potential guests.
LINKS
PROPERTY TAXES
| Parcel Number | 3877 | Improvements Assessment | $58,395 |
| Land Assessment | $10,822 | Total Assessment | $69,217 |
PROPERTY TAXES
Listing ID: 18181422
Date on Market: 1/14/2020
Last Updated:
Address: 308 Canyon Dr, Raton, NM 87740
