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

863 Highway 35, Mimbres, NM 88049

COMMERCIAL - Lake Roberts, NM

Property Size3,713 SF
Lot Size1.18 Acres
Price / SF$145.17
Days on Market16

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 Natural Gas, Electric (Heating), Propane (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: Aug 19 Last Checked: Aug 27 at 7:06PM
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 hotel occupies 3,713 square feet on 1.18 acres near Lake Roberts. The furnished accommodations are supported by direct online booking, Airbnb and VRBO distribution, self-check-in and check-out, and automated guest messaging. The property also includes caretaker housing and a hospitality pavilion with firepits and outdoor seating.

A commercial-grade Starlink system provides high-speed wireless WiFi at the remote property. Improvements include block, frame, concrete, and stucco construction, a metal roof, parking lot, well water, septic service, and heating systems using natural gas, electricity, and propane. The well pump and pump house system were upgraded in August 2026.

The property is near Lake Roberts, the Gila River, hot springs, and the Gila Cliff Dwellings, with access to approximately 3.3M acres of National Forest. Silver City and City of Rocks are both within an hour.

Key Highlights

  • 7‑unit hotel with 3,713 square feet on 1.18 acres
  • Fully furnished units with direct booking, Airbnb, and VRBO distribution
  • Hospitality pavilion with firepits and outdoor seating

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Real Estate Agency Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - Furnished accommodations feature online booking, self-check-in, automated messaging, and high-speed wireless WiFi.
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 hotel with 3,713 square feet on 1.18 acres; Fully furnished units with direct booking, Airbnb, and VRBO distribution; Hospitality pavilion with firepits and outdoor seating
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message