Catylist ID: #30327673
95 Unit Motel For Sale
Hospitality for Sale
|Catylist Listing ID:||30327673|
|Number of Units:||95 Units|
|Building Size (RSF):||31,612 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||2.48 Acres|
|Unit Price:||$4,473.68 Per Unit|
|Property Use Type:||Investment, Vacant/Owner-User, Business|
|Sale Terms:||Cash to Seller|
Overview / Comments
Absolute Investment Realty is proud to present this opportunity consisting of a 95 unit (plus manager’s office and laundry facility), exterior corridor, two story mid-scale motel conveniently accessible off Interstate 25 in Socorro, NM.
The property can be purchased for the purpose of meeting the lodging needs of Socorro or re-purposing to meet the housing needs in this busy college town.
Socorro is known for being home to the New Mexico Institute of Mining and Technology which reports an undergraduate population of approximately 1,569 students. The Energetic Materials Research and Testing Center (EMRTC) is a major research and training division of New Mexico Tech, internationally recognized and has over 60 years of experience in explosives research and testing.
Other local destinations include:
- NM Tech Golf Course
- The Frank T. Etscorn Campus Observatory
- VLA Very Large Array
- Socorro General Hospital (32 bed facility)
- Socorro Rodeo and Sports Complex hosts a variety of local and national competitions throughout the year.
Attachments & Media
|Proximity:||1 mile||3 miles||5 miles|
Nicole RhodesAbsolute Investment Realty CARNM CIE Member
Consuelo (Conni) HorneAbsolute Investment Realty CARNM CIE Member
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