1301 E Main St
1301 E Main St Red River, NM 87558
Overview
This is an amazing investment opportunity! Check out this 14-room working lodge in the historic town of Red River on Main Street. In addition to the 14-rooms that can be rented out nightly, the property also has a 1500 sq ft owner suite to enjoy year-round. For growth purposes, the owner's suite could possibly be turned into more units. The property has 4 queen single rooms, 8 kitchenette rooms and 1 2-bedroom apartment across two floors that could be rented out nightly, weekly, or monthly depending on your future clients' needs. All FF&E, land and property conveys with sale. Large attached warehouse space is unused and also could be converted. Owner financing is available. If you've ever wanted to own and operate a lodge in a beautiful ski town here is your opportunity!
The property is on city utilities
Keyless Entry to all rooms
On site laundry room for owner or property manager
All nonsmoking rooms
Smart TV's in all rooms with $6000 upgraded internet infrastructure
Four cleaners and one property manager who would like to stay on with sale if buyer desires
Mountain View Lodge is listed marketed on their website, expedia, bookings, Airbnb, VRBO, hotels.com, kindred, etc
Majority of room windows are 2023 Pella
Room furnishings upgraded in 2022
Backside gutters with heattape 2023
Electrical upgraded 2022
Owner's suite upgraded 2023
Firepits and seating added 2022
Attachments
For Sale
Secondary Uses: Hotel, Motel, Recreation Cabins, Resort, Bed & Breakfast, Extended Stay, Vacation Rental(s), Mid Rise
- Sale Price
- $1,500,000
- Price Per SF
- $214.3/SF
- Building Size
- 7,000 SF
- Acres
- 0.19 ac
- Floors
- 2
- Year Built
- 1950
- Parking Spaces
- 15
- Property Use Type
- Business
- Property Status
- Existing
- Average Occupancy Rate
- 47
- Total Units
- 14
- Laundry
- Shared
- Name Of Establishment
- Mountain View Lodge
- County
- Taos
- Created
- 2024-10-14
- Updated
- 2024-10-17
- Listing ID
- d9b23f23