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1610 Cedar Street, Raton, NM, 87740

Super 8

$1,049,000

Key Information

Tot. SF
16,746
Lot Size
0.9 Acres
Units
48
Year Built
1983
Type
Hospitality

Highlights

• Significant Value Add Opportunity: The Property is significantly underperforming its competitive set, with RevPAR approximately 51% below nearby competitors, presenting a compelling opportunity to increase revenue through improved operations and revenue management.
• Exceptional Owner Operator Opportunity: Offered at an attractive entry price, the Property includes a private one bedroom, one bathroom living quarters, making it an ideal opportunity for an owner operator.
• Potential Brand Conversion Opportunity: The three story, interior corridor layout provides an attractive opportunity for a franchise conversion, allowing a new owner to capitalize on a national reservation system, loyalty program, and brand recognition.
• Strategic Interstate 25 Location: Positioned directly off Interstate 25, the Property benefits from consistent transient demand generated by travelers, commercial traffic, and freight movement between Denver and Albuquerque.
• Limited Hotel Supply: The market’s limited inventory of branded hotels positions the Property to capture additional market share as operational performance improves and demand continues to grow.
• Stable Year Round Market Fundamentals: Unlike many rural lodging markets, Raton benefits from a balanced mix of transient, leisure, commercial, and government demand, supporting consistent occupancy throughout the year.

Photos

Location

Agents

Broker of Record

Brian Brockman

License # 20241, 9568 (NM)
Bang Realty-New Mexico, Inc.
2939 Vernon Place, Cincinnati, OH 45219