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The Desert Motel

483 West 8th Street (Hwy 54) Vaughn, NM 88353

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Overview

PRIME INVESTMENT PROPERTY!! LOCATION, LOCATION, LOCATION! Located in a historical district the Desert Motel in Vaughn is your next investment property. With exceptional renovation possibilities you can create the motel or boutique motel of your dreams. Desert Motel has single, double and studio sized suites. Plenty of space to work in while you renovate and build your next hospitality business. On approximately 1.2 acres of land and 24 rentable units are currently generating monthly income. With lots of space on the property for additional rooms or desirable amenities, the potential for income is endless. Rare to New Mexico this property contains a gem of a large, untouched basement, outdoor space for entertaining guests and built in retail space for additional income. The office space has great curb appeal and a quant 24-hour customer service window. A convenient location to sell coffee and breakfast burritos quickly to your guests. The motel has exceptional potential for multiple streams of income. Lots of new construction in Vaughn and with several new projects for sustainable energy initiatives. The town benefits from the construction workers in the area and tourism from the interstate. Vaughn is a prime location for short term and long term rental opportunities. Come create the business of your dreams!!! This is an exceptional business opportunity for anyone looking to start a live in hospitality business. Create a desired boutique hotel or transform the space into long term rentals. IT IS A MUST SEE!!!

For Sale

Hospitality

Secondary Uses: Motel

Sale Price
$325,000
Price Per SF
$32.5/SF
Investment
Yes
Building Size
9,988 SF
Acres
1.2 ac
Signage
Monument
Showing Instructions
Contact Broker
Number Of Buildings
1
Floors
1
Construction Type
Framed
Sprinklers
Other
Nearest MSA
Albuquerque
Property Status
Existing
County
Guadalupe
Created
2023-05-02
Updated
2023-10-06
Listing ID
b00e4262

Contact Broker