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Investment Highlights

  • On main road of town.
  • Close to freeway.

Executive Summary

Owner financing and lease to own options available. Price is negotiable. Brand new roof. 20 double rooms, 16 singles, 2 double-bed apartments, 2 triple rooms.

Property Facts

Price $1,400,000
Price Per Room $35,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.69 AC
Building Size 14,200 SF
No. Rooms 40
No. Stories 1
Year Built/Renovated 1979/2025
Parking Ratio 3.1/1,000 SF
Corridor Exterior
Zoning CS - Commercial

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 40 $49.00 -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
R003285
Land Assessment
$52,447
Improvements Assessment
$133,443
Total Assessment
$185,890
  • Listing ID: 16000988

  • Date on Market: 5/9/2019

  • Last Updated:

  • Address: 916 N California St, Socorro, NM 87801

Contact the Sale Advisor

San Miguel Inn | 916 N California St

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