1600 Cedar St
1600 Cedar St Raton, NM 87740
Overview
SUMMARY Mountain West Commercial Real Estate, in conjunction with Western States Commercial Real Estate, is pleased to present the 100-room Travelodge in Raton, New Mexico. This offering represents a value-add investment opportunity in a high-visibility location just off Interstate 25. Currently operated under absentee ownership, the property has underperformed relative to its competitive set in key performance metrics. An experienced owner-operator has the opportunity to increase operational efficiency, enhancing guest satisfaction, and driving stronger financial performance. A property improvement plan (PIP) is anticipated with Wyndham and, once completed, is anticipated to deliver long-term upside and repositioning potential for the next owner
PRICE/ROOM $15,000
TOTAL NUMBER OF ROOMS 100
OCCUPANCY 17.30%
ADR $62.11
RevPAR $10.77
LOT SIZE 2.335
TYPE OF OWNERSHIP Fee Simple
FRANCHISE PARENT COMPANY Wyndham
FRANCHISE AFFILIATION Travelodge
AIRPORTS Raton Municipal Airport (Crews Field) / Colorado Springs Airport (COS)
HIGHWAYS Interstate 25 (I-25) / U.S. Route 64
Attachments
For Sale
Secondary Uses: Extended Stay, Hotel, Inn, Motel
- Sale Price
- $1,500,000
- Acres
- 2.3319 ac
- Zoning
- R-A
- Zoning Description
- General And Highway Servicing District
- Tenant
- Travelodge
- Building Name
- Travelodge
- Year Built
- 1978
- Tax ID Number
- 1-135-185-234-065
- Property Status
- Existing
- Name of Establishment
- Travelodge
- Franchise Parent Name
- Wyndham
- Nearest Interstate
- I-25
- Nearest Airport
- Raton Municipal Airport
- County
- Colfax
- Created
- 2025-06-26
- Updated
- 2025-06-26
- Listing ID
- a2849bc3
- Parcel APN
- 1135185234065