Leisure Lodge

Hospitality for Sale
Catylist Listing ID: 30151710
Property Subtypes: Extended Stay, Motel
Number of Units: 32 Units
Building Size (RSF): 8,598 SF
Gross Building Area: See Agent
Gross Land Area: 1.51 Acres
Sale Price: $225,000
Unit Price: $7,031.25 Per Unit
Property Use Type: Business
Name of Establishment: Leisure Lodge
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/9/2017

Overview / Comments

Perfect spot to film a movie! Home of cult classic "21 Grams" with Sean Penn and Naomi Watts, Benicio Del Toro. Plenty of upside potential as current owners have no online presence. Easy access from I-40 with food and lodging all around.

Additional Details

Nearest MSA: Grants
County: Cibola
Taxing Authority: Cibola County
Zoning: COMMERCIAL
Property Visibility: Excellent
Highway Access: I-40 exit Santa Fe Avenue
Site Description: Property boasts 1.51 acres with ample semi truck (or film crew trailer) parking.
Area Description: Grants, NM has recent job growth of 2.26% with expected job growth of 35.61% over the next 10 years. It serves as a hub to many outdoor enthusiasts who enjoy hunting, fishing and mountain activities in the Mount Taylor area.
Nearby Attractions: El Malpais National Monument, Bandera Volcano and Ice Cave, La Ventana Natural Arch,
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1960
Roof Type: Flat
Construction/Siding: Stucco
Average Occupancy Rate: 16
Water Recreation: Outdoor Pool
Total Parking Spaces: 22
Parking Type: Surface
Parking Description: 22 paved parking spaces with an 0.7346 acre parcel for semi-truck parking.
Sprinklers: None
Heat Source: Wall Units
Air Conditioning: Evaporative Cooler
Internet Access: Cable
Lot Frontage: 200
Lot Depth: 340
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Lot: 3 Block: B Subd RB Candelaria Block B Lot 3, (100 x 340 lot) AND RB Candelaria Block: B Lot 4 (100 x 320 lot) Grants 87020

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,401 9,094 11,358
Median Age: 33.07 35.13 35.15
Households: 1,301 3,293 4,146

Contact

Photograph of Listing Agent

Coralee Quintana, MBA

Absolute Investment Realty CARNM CIE Member
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