97
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Listed by Keller Williams Realty
$1,250,000
Est. payment /mo
3.25 Acres Lot
Active
6474 US-550 Cuba, NM 87013
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UPDATED:
11/10/2024 12:31 AM
Key Details
Property Type Commercial
Sub Type Hotel/ Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1073731
HOA Y/N No
Annual Tax Amount $3,945
Lot Size 3.250 Acres
Acres 3.25
Lot Dimensions Public Records
Property Description
Unlock a unique investment with the 33-key Frontier Motel on US-550 in Cuba, NM, a key route to the Four Corners and more. This property includes two parcels: 6474 Main St with 20 keys, a front office, storage building with an unused bar/game area and a vacant 4-bedroom, 3-bath commercial residence, and 6471 Main St with 13 keys and a separate vacant residence/possible front office.With 16,537 SF of improvements on 3.25 acres, including 2 acres of surplus residential-zoned land for development, and 7,000 SF of unused space for expansion, the potential is vast. 2024 YTD financials show $271K gross income vs. $150K expenses, underscoring its profitability. Priced at $1.25M, it's ideal for investors or owner/operators seeking growth. Full financials available upon NDA.
Location
State NM
County Sandoval
Area 200 - Sandoval County - Other
Interior
Heating Combination, Multiple Heating Units, Natural Gas, Wall Furnace
Cooling Evaporative Cooling, Multi Units
Flooring Carpet
Fireplace No
Exterior
Parking Features Guest, On Site
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Total Parking Spaces 33
Building
Story 2
Others
Tax ID 2-005-122-075-460
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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