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807 Highway 85
Socorro, NM 87801

$1,900,000 USD

Hotel For Sale • 31,612 SF

Property Details

Property Type Hotel
Total Building Size 31,612 SF
Lot Size 2.48 AC
Building Class B
Year Built 1981
Cap Rate 22.58 %
Zoning C-2

0 Transit Score

39 Walk Score

                
                    Highlights
                
                                Seller Financing may be available 
                            
                                May Credit  Buyer towards future renovations
                            
                                I-25 Transient demand
                            
                                The property offers an owner/manager unit

Property Flyers

Gazelle Stay OM Updated Version

Financial Summary (Proforma)

Net Operating Income: $468,113 USD (2023)

Cap Rate:	22.58 %
Total Expenses:	$1,092,262 USD

Amenities

Business Center
Pool

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	108
Type:	Surface
Included in Rent:	Yes

Dmitry Baer 575-418-5660 ORION Investment Real Estate

807 Highway 85 Socorro, NM 87801