1640 Cedar St
1640 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 61-room Microtel Inn & Suites in Raton, New Mexico. This offering represents a rare opportunity to acquire a well-performing, turnkey asset located in a high-visibility position just off Interstate 25. The property leads its competitive set in key performance metrics, reflecting strong in-place operations and consistent demand fundamentals. Recently completed renovations under Wyndham’s Moda prototype have modernized the guest experience, positioning the asset for continued success under new ownership. Tours are available by appointment only. To schedule a tour, please contact the broker. It is understood that staff at the property should not be contacted directly
PRICE/ROOM $90,164
TOTAL NUMBER OF ROOMS 61
OCCUPANCY 64.20%
ADR $110.99
RevPAR $71.26
PARCEL NUMBER 1-135-185-483-030 / 1-135-185-486-021
YEAR BUILT 2002 LOT SIZE 1.36
TYPE OF OWNERSHIP Fee Simple
FRANCHISE PARENT COMPANY Wyndham
FRANCHISE AFFILIATION Microtel Inn & Suites
AIRPORTS Raton Municipal Airport (Crews Field) / Colorado Springs Airport (COS)
HIGHWAYS Interstate 25 (I-25) / U.S. Route 64
Attachments
For Sale
Secondary Uses: Inn, Motel, Hotel
- Sale Price
- $5,500,000
- Cap Rate
- 13.6%
- Acres
- 1.36 ac
- Net Operating Income
- $748,000
- Tenant
- Microtel Inn & Suites
- Building Name
- Microtel Inn & Suites
- Year Built
- 2002
- Property Status
- Existing
- Average Occupancy Rate
- 64.2%
- Name of Establishment
- Microtel Inn & Suites
- 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
- f76ba4ba