Quality Inn Taos

Hospitality for Sale
Catylist Listing ID: 30758163
Property Subtypes: Hotel
Number of Units: 99 Units
Building Size (RSF): 183,388 SF
Gross Building Area: See Agent
Gross Land Area: 4.21 Acres
Sale Price: $3,900,000
Unit Price: $39,393.94 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.68%
Last Updated: 9/8/2021

Overview / Comments

- Two-Story, 99-Room, Mixed Corridor, Midscale Hotel Located in Taos, New Mexico
- Priced Below Replacement Cost at $39,394 Per Key
- Well Positioned with Excellent Visibility from Highway 68
- Located in Highly Sought-After Year-Round Tourism Market
- Operational Upside for Prospective Hands-On Owner-Operator
- Offered Fee Simple, Unencumbered by a Management Contract or Debt

Additional Details

Nearest MSA: Taos
County: Taos
Tax ID/APN: 1073147492132

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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

Contact

Photograph of Listing Agent

Matthew Reeves

Marcus & Millichap CARNM CIE Member
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