68 Us 380 Hwy Tatum, NM 88267

This exceptional investment opportunity presents a 19-unit motel situated on a spacious 4.02-acre lot in Tatum, New Mexico. Built in 1980, the property includes a 3-bedroom, 1-bathroom home with an integrated office space, offering additional potential for management or rental income. The motel itself comprises nineteen individual units, presenting a significant revenue stream. The property is being sold "as-is," with the seller not undertaking any pre-sale repairs. This presents a unique chance for a buyer to renovate and upgrade the property to their specifications, potentially increasing its value and profitability. Located at 68 W US 380 Highway, Tatum, NM 88267, this property benefits from its convenient location within Lea County. The asking price is $149,500, making it an attractive proposition for investors seeking a substantial return on investment in the hospitality sector. The substantial lot size offers potential for future expansion or development. This is a prime opportunity to acquire a well-established motel with significant upside potential. Serious inquiries only.