Clean and Well Maintained 50 Room Best Western Lodge for Sale

Hospitality for Sale
Catylist Listing ID: 30010887
Property Subtypes: Hotel, Motel
Number of Units: 50 Units
Building Size (RSF): 25,220 SF
Gross Building Area: See Agent
Gross Land Area: 85,500 SF
Sale Price: $2,995,000
Unit Price: $59,900 Per Unit
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/26/2017

Overview / Comments

Property Features
• Building(s) Size: 25,220 Sq. Ft.
• Land Size: 85,500 Sq. Ft.
• The property consists of 50 rooms on two floors and is highly visible from
the major road.
• Property Condition: Very Good, Clean and well Maintained.

Summary Overview:
• Property Name: Best Western - Kokopelli Lodge
• Property Address: 702 South First St., Clayton, NM 88415
• Product Type: Nightly Stay Motel
• Property Description: The property consists of 50 rooms on two floors and is highly visible from the major road.
• Building SF: 25,220 SF (based on Appraisal)
• Land SF: 85,500 SF (based on Appraisal)
• Property Condition: Very Good, Clean and well maintained.

PLEASE CONTACT BROKER FOR CONFIDENTIALITY AGREEMENT TO RECEIVE FULL OFFERING MEMORANDUM

Clayton, NM is a favorite stopover for those in between travels, en route to Dallas, Albuquerque, Oklahoma City, Kansas City or Colorado.

Additional Details

Nearest MSA: Las Vegas
County: Union

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,505 2,505
Median Age: 43.19 43.19
Households: 1,090 1,090
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