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    711 Silver Heights Blvd Silver City, NM 88061

    Sponsored
    For Sale
    $1,790,000

    66-unit motel, strong cash flow, high occupancy potential

    Property size:
    33,524 SF

    Description

    Added:
    Jan 10, 2025
    Days on Market:
    362
    This 33,524 square foot motel in Silver City, NM (zip code 88061), boasts 66 rooms across two buildings: 30 for extended stays and 36 for short-term rentals. Situated on 1.27 acres at 711 Silver Heights Blvd, the property benefits from Silver City's thriving tourism market, driven by its art galleries, historic charm, and proximity to the Gila National Forest. Currently generating a net operating income of $213,424, the motel presents a significant opportunity for increased revenue through consistent operation. The property includes a vacant diner, offering substantial potential for additional income streams by catering to both hotel guests and local residents. The motel's strong guest reviews and reputation provide a solid foundation for continued growth and customer loyalty. The property's healthy cash flow and potential SBA loan eligibility make it an attractive investment for qualified buyers seeking to maximize their return. This is a rare opportunity to acquire a well-established motel with significant upside potential in a desirable location.

    Property Features for 711 Silver Heights Blvd

    General Information

    Property type
    Motels
    Square Feet
    33,524 SF
    Price / Square Foot
    $53
    Class
    C
    Elevators
    N/A
    Net Rentable
    33,524 SF
    Lot Size
    55,321 SF
    Net Operating Income
    $213,424

    Building Details

    Year Built/Renovated
    1960/2023
    Stories
    2
    Units
    66

    HighLights

    • 66‑unit motel in prime Silver City, NM location, near Gila National Forest.
    • Features a vacant diner with significant revenue upside potential for investors.
    • Strong cash flow and SBA loan eligibility for qualified buyers.
    Location Intelligence

    Current Use by Public Records

    Drifter Motel Motel Drifter Pancake House Breakfast Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Silver City
    State
    New Mexico
    Longitude
    -108.268262
    Latitude
    32.783439

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    FAQs

    What type of property is this?
    Motel - 66-unit motel, strong cash flow, high occupancy potential
    Where is this motel located?
    The property is located at 711 Silver Heights Blvd Silver City, NM.
    What is the asking price?
    The asking price for this property is $1,790,000.
    What are key features of this property?
    This property features: 66-unit motel in prime Silver City, NM location, near Gila National Forest.; Features a vacant diner with significant revenue upside potential for investors.; Strong cash flow and SBA loan eligibility for qualified buyers.
    (253) 486-3467
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    711 Silver Heights Blvd Silver City, NM 88061
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    Silver City, NM 88061
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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
    711 Silver Heights Blvd Silver City, NM 88061
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