12.7% Cap Rate | Boutique Hotel in Popular Vacation Area

1798 New Mexico 68, Ranchos de Taos, NM

$2,995,000

Price

10,500 sqft

Building Size

0.58 acres

Lot Area

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Street
Map
Overview
Building Size
10,500 sqft
Lot Area
0.58 acres
Keys
26
Year Built
1984
Floors
2
Description

SVN | Northco is pleased to present for sale the Taos Motor Lodge, located in Ranchos de Taos, NM, approximately 4 miles Southwest of Taos, NM, and 1/2 mile from the famous San Francisco de Asis Church ("Property"). This unique hotel combines authentic southwestern detailing with new-age comforts to bring restful and rejuvenating stays to visitors from across the country. Completely renovated in 2022, the fully operational Taos Motor Lodge is inspired by its surroundings and local community. Consisting of 26 rooms on a +/- 0.58 acre footprint.

Ranchos de Taos is a small town located in northern New Mexico, about 4 miles southwest of Taos. This area is famous for its vibrant arts community and cultural heritage - Ranchos de Taos is well known for its traditional adobe architecture, giving the village a charming and authentic Southwestern ambiance. Nestled in the high desert of New Mexico, Ranchos de Taos sports breathtaking views of the Sangre de Cristo Mountains and open plains. The area has long been a magnets for artists, writers, and musicians and hosts various art galleries, studios, and cultural events to showcase the creative talent of the local community.

Ranchos de Taos is a small town located in northern New Mexico, about 4 miles southwest of Taos. This area is famous for its vibrant arts community and cultural heritage - Ranchos de Taos is well known for its traditional adobe architecture, giving the village a charming and authentic Southwestern ambiance. Nestled in the high desert of New Mexico, Ranchos de Taos sports breathtaking views of the Sangre de Cristo Mountains and open plains. The area has long been a magnets for artists, writers, and musicians and hosts various art galleries, studios, and cultural events to showcase the creative talent of the local community.

The Taos Motor Lodge is located about 1/2 mile away from the prominent San Francisco de Asis Church (also known as the Rancho de Taos Church). This traditional adobe church, built in the early 18th century, is an architectural masterpiece and one of the most photographed and painted churches in the United States. This location offers ample opportunity for outdoor recreation such as hiking, mountain biking, horseback riding, and skiing in the nearby Taos Ski Valley. Ranchos de Taos offers a blend of history, culture, natural beauty and a sense of community that appeals to visitors from across the country. Whether exploring historic landmarks, enjoying the outdoors, or immersing oneself in the arts and local culture, the village offers a unique and enriching experience in the heart of New Mexico's enchanting landscape.

Highlights
  • 12.7% Cap Rate (2024 Pro Forma)
  • The Property consists of a 26 key hotel
  • Newly renovated (2022) boutique hotel/motel in the popular vacation market of Taos, New Mexico
  • Situated on ±0.58 acres and development potential exists
  • An adjacent RV park is separately available. Please inquire for more information.
  • Broker of Record: SVN/Walt Arnold Commercial Brokerage, Inc.
Documents
Location
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