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    647 Broadway Ave Des Moines, NM 88418

    For Sale
    $299,000

    Hotel/Motel - Des Moines, NM

    Property size:
    2,360 SF
    Days on Market:
    170
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 647 Broadway Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1172173327188
    Parking
    6
    Exterior features
    Irregular Lot
    Size
    2,360 SF

    Building Details

    Architectural style
    Other

    Home Associates, Inc. (575) 686-8486 [email protected]

    Listing agent Wesley Seneff (575) 686-8486

    Listing date Jun 19, 2025

    MLS# 20253514 Listing URL

    Copyright © 2025 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Motel in Des Moines

    This 2,360 square foot motel is located in the heart of downtown Des Moines, New Mexico, between Raton and Clayton. The M&M Motel features five rooms with updated furnishings and decor. Each unit includes updated bathrooms and recently installed mini-split heating and cooling units. The caretaker's quarters include a living room, eat-in kitchen, two bedrooms, and a bathroom with a tub/shower combo. This turnkey business is ready to welcome guests and is suited for owner-operators looking to take over daily operations. The location is ideal for travelers from Texas heading to the ski slopes or hunting valleys of northern New Mexico.
    Property Profile Location Intelligence

    Current Use by Public Records

    M & M Inn Motel

    Suggested Use

    Hotel & Motel Convenience Store Senior Center Cafe & Coffee Shop Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    M & M Inn

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Union
    State
    New Mexico
    Longitude
    -103.834637
    Latitude
    36.761824

    FAQs

    What type of property is this?
    Motel - Quaint 5-room motel in downtown Des Moines, New Mexico.
    Where is this motel located?
    The property is located at 647 Broadway Ave Des Moines, NM.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Turnkey business opportunity with existing motel operation.; - Prime location in downtown Des Moines, NM, targeting travelers.; - Updated furnishings and decor in all 5 guest rooms.
    (575) 686-8486
    Request Owner's contact information
    647 Broadway Ave Des Moines, NM 88418
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    Des Moines, NM 88418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    647 Broadway Ave Des Moines, NM 88418
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