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Prime Location, Priced Right, Taos, NM Hotel+++

Located 2 blocks South of historic Taos Plaza, this successfully operating hotel includes existing retail rental shops plus over an acre of land for a developer to expand, enhance, and redevelop. Winning opportunities such as this are seldom found.

Value priced, this growth property is offered at around $75 / SF of improvements. Comps are much higher - across the street at $160/SF, a couple hundred feet North, almost $200/SF. At around $27,000 per key, this property compares favorably with many of the other nearby offerings at $100,000/key, some much higher.

Taos now welcomes snowboarders which is helping sales during this economic downturn. The town of Taos is increasing it's tourism marketing dollars which is setting the stage for tourism economic improvement.

Potential to improve current operations by improving property into a "boutique" type operation is significant. Sales of $1,000,000 for hotel are attainable.

Seller W/C flexible financing for qualified buyer. Creative offers or exhanges are possible. Negotiable for most details of sale.