Hotel La Fonda de Taos

Hospitality for Sale
Catylist Listing ID: 30049477
Property Subtypes: Hotel
Number of Units: 25 Units
Building Size (RSF): 26,000 SF
Gross Building Area: See Agent
Sale Price: $5,517,000
Unit Price: $220,680 Per Unit
Property Use Type: Investment
Building Name: Hotel La Fonda de Taos
Sale Terms: Cash to Seller
Cap Rate: 7.9%
Last Updated: 11/16/2017

Overview / Comments

Hotel La Fonda de Taos is located in Taos New Mexico and positioned in the heart of the Taos plaza. For the first time in over 25 years this family owned property is being offered for sale along with (3) adjacent retail shops and a house coffee shop featuring only Starbucks products. Surrounded by numerous amenities and rich in history, this historic property offers an opportunity to own a piece of New Mexico culture.

25 Rooms plus Manager's Suite
3 Stores plus basement
Full Service Restaurant with Bar (seating of 85 people)
Remodeled Industrial Kitchen
Conference/Event Room for 50-80 people
Massage Rooms
+/- .43 Acre of land for hotel parking

Financials

Finance Data Year 2017
Net Operating Income $433,946 (Annual)

Additional Details

Nearest MSA: Taos
County: Taos
Retail Clientele: Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Number of Stories: 3
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,004 8,256 8,256
Median Age: 47.85 44 44
Households: 1,534 3,866 3,866

Contact

Photograph of Listing Agent

Jim P Hakeem

NAI Maestas & Ward CARNM CIE Member
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