201 Clayton Rd Rd Raton, NM 87740
This 16-room hotel, located at 201 Clayton Rd Road in Raton, New Mexico, presents a compelling investment opportunity. Built in 1984, the property sits on a 22,500 square foot lot and is strategically positioned on busy Highway 87, ensuring high visibility and consistent traffic flow. Its prime location offers excellent access for travelers utilizing I-25 North and South, as well as those originating from the Texas Panhandle. The hotel's existing infrastructure includes 16 guest rooms and dedicated office space, providing ample potential for various operational models. The property's proximity to local restaurants and a shopping center further enhances its appeal to both short-term and long-term guests, making it suitable for a variety of uses, including a traditional hotel, Airbnb rentals, or extended-stay accommodations. The asking price for this established business is $150,000. The property is located in Colfax County, New Mexico, zip code 87740. Interested parties should be prepared to demonstrate proof of funds and provide 24-hour notice for viewings.
Cap rate
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Property description
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