Gateway Plaza Travel Center

Hospitality for Sale
Also listed as Retail-Commercial, Special Purpose
Catylist Listing ID: 30388416
Property Subtypes: Motel
Number of Units: 18 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 6 Acres
Sale Price: $1,125,000
Unit Price: $62,500 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 11.75%
Last Updated: 11/14/2019

Overview / Comments

Gateway Plaza sits on Highway 180 between Deming and Silver City. It is on the Corner of Carrasco Ave which is the entrance to the town of Hurley.

Property consists of a gas station operating as a Conoco, a restaurant with a mini mart, a motel consisting of 18 rooms, a 16 unit self storage, 2 mobile homes-a 4bdr/3bath and a 3bdr/2bath on approx 6 acres.

2017-2018 Restaurant was updated. Newer roof on motel along with other updates.

Attachments & Media

Additional Details

Nearest MSA: Silver City
County: Grant
Retail Clientele: General, Family, Traveler
Property Visibility: Excellent
Highway Access: Sits on Highway 180.
Total Number of Buildings: 6
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 708 708 2,788
Median Age: 44.5 44.5 41.93
Households: 301 301 1,138

Contact

Photograph of Listing Agent

Consuelo (Conni) DeYoung

Absolute Investment Realty CARNM CIE Member
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