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7-Unit Inn with Hospitality Pavilion
For Sale
$539,000

863 Highway 35, Mimbres, NM 88049

CommercialSale, Lake Roberts, NM

Property Size3,713 SF
Lot Size1.18 Acres
Price / SF$145.17
Days on Market63

Property Features for 863 Highway 35

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Other/out of area
Parking features Parking Lot
Exterior features PropaneTankLeased
Subdivision Lake Roberts
Directions 48 hour notice required. Tenant/caretaker resides in mobile home on property. Listing agent will open unoccupied unit doors and be needs to be present for showings. Weekdays are better to see unoccupied units, as weekends tend to be booked up with guests.
Standard status Active
APN R080452 M071861
Size 3,713 SF
Lot size 1.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Subd: LAKE ROBERTS Block: 1 Lot: 1 PT LOT 1 1.188 AC
Tax Annual Amount 1603
Legal Description Subd: LAKE ROBERTS Block: 1 Lot: 1 PT LOT 1 1.188 AC

Utilities

Sewer type Septic Tank
Heating system Propane (Heating), Natural Gas, Electric (Heating)
Water source Well

Amenities

hospitality pavilion
firepits
outdoor seating
high speed wireless WiFi

Building Details

Year built 1970
Floors in Building 1
Number of units 7
Building materials Block, Frame, Concrete, Stucco
Roof type Metal
Listing Agency: eXp Realty, LLC
Listed By: Lauren Gueswel · License #REC-2024-0490
Added: Aug 12 Changed: Oct 8 Last Checked: Oct 13 at 9:06PM
MLS# 41763

Copyright © 2026 Silver City Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7-unit hospitality property occupies 1.18 acres and includes 3,713 square feet of improvements. The furnished accommodations are supported by caretaker housing and a separate hospitality pavilion with firepits and outdoor seating. Guest operations include online booking through a direct website, Airbnb, and VRBO, along with self-service arrival and departure procedures and automated messaging. A commercial-grade Starlink system provides wireless internet service at the property.

Located in Lake Roberts, the inn is near Lake Roberts, the Gila River, hot springs, and the Gila Cliff Dwellings. The property is surrounded by 3.3M acres of National Forest and is situated less than an hour from Silver City and City of Rocks. Construction includes block, frame, concrete, and stucco components. The site is served by a well and septic tank, with a metal roof and parking lot. The well pump and pump house system were upgraded in August 2026.

Key Highlights

  • 7‑unit inn on 1.18 acres with 3,713 square feet of improvements
  • Furnished units with caretaker housing included
  • Hospitality pavilion with firepits and outdoor seating

Property Analytics

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Current Use

Hotels

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 88049, NM

973
Population
544
Households
1.8
Avg Household Size
62
Median Age
65%
College-Educated
100%
High-School Grad
474.3 sq mi
ZIP Area
2
Density / Sq Mi
$46,667
Median Household Income
$39,580
Median Earnings
$177,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Hotel - Furnished lodging property with caretaker quarters, automated guest operations, and a dedicated outdoor hospitality area.
Where is this hotel located?
The property is located at 863 Highway 35 Mimbres, NM.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 7‑unit inn on 1.18 acres with 3,713 square feet of improvements; Furnished units with caretaker housing included; Hospitality pavilion with firepits and outdoor seating
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