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    FOR SALE
    Bed & breakfasts

    585 Calle La Placita, Lincoln, NM 88338

    3,800 SF
    Property ID
    US61-1222508
    Property summary
    AI-generated overview

    Own a piece of the Old West in Billy the Kid's old stomping grounds! The vintage Wortley Hotel in historic Lincoln, New Mexico, is currently a busy Bed & Breakfast once owned by famous 1880's Sheriff Pat Garrett. Step back in time and soak in the warm western charm when you enter the living room with its ornate bar and wood-burning fireplace. Just behind the bar is a well-equipped Commercial Kitchen ready for preparing meals for guests, who then enjoy sumptuous breakfasts just steps away in the inviting sunroom. This 7 bedroom and 9 bathroom property features beautiful antiques and decor in many of the guest rooms, with plenty of options to continue to make this grand old place a centerpiece in a town that welcomes thousands of visitors each year to its museums and exciting events. Enjoy the spacious wrap-around porch and watch the comings-and-goings on the streets of Lincoln, or relax around the backyard fire pit while soaking in the beautifully peaceful views of the Capitan Mountains and the Bonito River Valley. There is also a small barn and chicken coop along with storage buildings towards the back of the property. This is a TURNKEY B & B property! Cash or Commercial Loan. For more information, please visit our website: WortleyHotel.com

    Property profile
    Verified
    Property type Bed & breakfasts
    Total area 3,800 SF
    UPID US61-1222508
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Wortley Hotel Bed & Breakfast Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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