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Ranchos de Taos Rental Property
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29 Sebastian Rd, Ranchos de Taos, NM 87557

Single-asset short-term rental in Ranchos de Taos, New Mexico.

Property Size1,350 SF
Price / SF$381.48
Days on Market185

Property Features for 29 Sebastian Rd

General Information

Standard status Active
Size 1,350 SF
Total Parking Spaces 1
Property subtype Business for Sale, Hospitality, Special Purpose
Investment Type Stabilized
Net Operating Income $31,396

Building Details

Year Built 2023
Units 1
Listing Agency: Keller Williams Advantage Realty, LLC
Listed By: Ryan Devin · License #048479
Source: Crexi
Added: Feb 13 Changed: Aug 8 Last Checked: Aug 16 at 8:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Advantage Realty, LLC

Investment Insights

Based on property information with market context.

Located in Ranchos de Taos, New Mexico, this single-asset short-term rental property operates as a licensed lodging use under Taos County regulations, functioning as a one-unit hotel asset. The property size is 1350 square feet. Under hands-on owner management, the property has generated approximately $55,000–$57,000 in annual gross revenue (2024–2025). Conservative 2026 underwriting assumptions project a pro forma NOI of approximately $34,917, an unlevered cap rate of approximately 6.8%, an estimated cash-on-cash return of approximately 8.9%, and a modeled annualized return (including appreciation, amortization, and tax benefits) of approximately 32.7%. These returns reflect owner-operator management, and third-party management would materially impact performance. This property is suitable for commercial real estate, multifamily, residential income, hospitality, and short-term rental purposes.

Key Highlights

  • Established short‑term rental business with proven annual revenue generation ($55,000–$57,000).
  • Licensed lodging use under Taos County regulations, operating as a one‑unit hotel.
  • Strong pro forma NOI of ~$34,917 and unlevered cap rate of ~6.8%.

Property Analytics

Current Use

Hotels

Location Intelligence

Trade Area within ½ mile

Demographics for 87557, NM

6,481
Population
2,509
Households
2.6
Avg Household Size
45
Median Age
43%
College-Educated
90%
High-School Grad
138.9 sq mi
ZIP Area
47
Density / Sq Mi
$56,979
Median Household Income
$45,325
Median Earnings
$1,268
Median Rent
$373,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Single-asset short-term rental in Ranchos de Taos, New Mexico.
Where is this hotel located?
The property is located at 29 Sebastian Rd Ranchos de Taos, NM.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Established short‑term rental business with proven annual revenue generation ($55,000–$57,000).; Licensed lodging use under Taos County regulations, operating as a one‑unit hotel.; Strong pro forma NOI of ~$34,917 and unlevered cap rate of ~6.8%.
(303) 986-4300 Call to check price and availability
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