Wortley Hotel 585 Calle La Placita 6 Room Bed and Breakfast Lincoln, NM 88338 $598,000 ($99,667/Room) 8.68% Cap Rate

This is a TURN-KEY B&B / Boutique Hotel property! Own a piece of the Old West in Billy the
Kid country! The Wortley Hotel, built in 1874, is in historic Lincoln, New Mexico, where
thousands of visitors each year tour this storied town and enjoy its exciting events. This
adobe gem is an active Bed and Breakfast as it continues to take reservations. Step back in
time when you enter the main room, with its ornate bar and wood-burning fireplace, and soak
in the warm Western charm. It's 6 bedrooms – including 2 suites – and 9 bathrooms feature
modern amenities and rustic appeal. The inviting sunroom is just off the "Sitting Porch" and the original hotel lobby office is immediately inside the front door. The current owners' suite features a sitting room, bedroom, 1 & 1/2 baths and private porch. The large, fully-equipped commercial kitchen is
suitable for catering, as a restaurant, events and more. This property includes
antique furnishings, vintage decor, linens/towels, supplies, etc., making it instantly move-in
ready. Consider this property as an event venue, bed & breakfast, restaurant, or even a
private residence. The welcoming front porch looks onto the old Courthouse and jail from
which Billy the Kid made his final escape, and the large back yard showcases unobstructed
Capitan Mountain views. A small barn and chicken coop, plus two storage sheds, complete
that area. The property backs up to a walking path along the Bonito River and offers excellent
access to tour Lincoln’s many historic buildings. Cash or Commercial Loan required. For more
information, please visit our website: WortleyHotel.com