Quality Inn Taos

Withdrawn Hospitality for Sale
Catylist Listing ID: 30003662
Property Subtypes: Hotel
Number of Units: 99 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 3.99 Acres
Sale Price: $4,950,000
Unit Price: $50,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 18.1%
Withdrawn On: 9/14/2017
Last Updated: 9/14/2017

Overview / Comments

•99-Room, Mixed Corridor, Midscale Hotel
•Located Two Miles from the Center of the Historical District of Taos
•20 Miles to Taos Ski Valley
•Recently Renovated in 2015/2016
•Upward Revenue Trend
•High Cash Flow Property
•Presented Significantly Below Replacement Cost
•Located in Highly Sought-After Year-Round Tourism Market

Additional Details

Nearest MSA: Taos
County: Taos
Property Visibility: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,790 7,365 11,628
Median Age: 43.08 44.36 43.47
Households: 818 3,477 5,355


Photograph of Listing Agent

Matthew Reeves

Marcus & Millichap CARNM CIE Member
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