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6812 540

Logan, NM 88426
  • $620,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 20222472
UPDATED: 87 min ago
$620,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,300
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1979
County:

School Ratings & Info

Description

Ute Lake Motor Inn is an iconic 16 room Motel offering a once in a lifetime opportunity to live and work near Ute Lake. Motel is perfectly located just across the street from the North entrance to Ute Lake State Park and the Marina. The property consists of 10 traditional motel rooms, 6 suites with kitchenettes and 1 RV hook up with 50-amp service. The current owners are open for business 6-7 months a year, a new owner could expand to a year-round operation, increasing revenue. This property presents a rare opportunity for you capitalize on the boutique lodging trend. Financial information available to confirmed qualified buyers. For more general information or to schedule an appointment to tour the business call 575-487-2883.

Monthly Payment Calculator

© 2022 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rafter Cross Realty are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2022-05-19T00:15:18.183.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.raftercrossrealty.com/homes/128457334
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6812 540 Logan, NM 88426

  • Price: $620,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 87 min ago
  • MLS #: 20222472
0
Beds
0
Baths
0
½ Baths
N/A
Acres
7,300
SQFT
$85
$/SQFT
1979
Built
Neighborhood:
New Mexico Mls
County:
Quay
Area:
New Mexico Mls
Property Description
Ute Lake Motor Inn is an iconic 16 room Motel offering a once in a lifetime opportunity to live and work near Ute Lake. Motel is perfectly located just across the street from the North entrance to Ute Lake State Park and the Marina. The property consists of 10 traditional motel rooms, 6 suites with kitchenettes and 1 RV hook up with 50-amp service. The current owners are open for business 6-7 months a year, a new owner could expand to a year-round operation, increasing revenue. This property presents a rare opportunity for you capitalize on the boutique lodging trend. Financial information available to confirmed qualified buyers. For more general information or to schedule an appointment to tour the business call 575-487-2883.
Exterior Features

Access To Property Driveway To City StreetDriveway To St/FedUnpaved Driveway Building Size Multiple Buildings Building Type Commercial Construction BlockFloor-Slab Number Parking Spaces 24 Roof MetalPitched Shipping Doors None

Interior Features

Ceiling Height 8 Feet Extras A/C-RefrigerativeFire AlarmHandicapped AccessKitchen AreaLiving AreaRestrooms Number Elevators 0 Number Loading Docks 0 Number Offices 1 Number Overhead Doors 0 Number Restrooms 17 Office Sq Ft 150

Property Features

Business Improvement Dist No Commercial Type Hotel/Motel Court Approval No Included BuildingBusinessBusiness NameLand Internet YN Yes Landlord Pays ElectricityFire InsuranceFull ServiceGarbageGasHeatJanitorial ServiceMaintenance InsideMaintenance OutsideMaintenance RoofSewerSnow RemovalTaxes-BuildingTaxes-LandWater Loan Type Conventional Lot Land Size Approximately 1.5 Acres Owner Financing No Pid Assessments No Possession Upon ClosingUpon Funding Reo Bank Owned No Sale Or Rent For Sale Short Sale No Sq Ft Source Quay County Assessor's Office Tax Year 2022 Taxes Amount 2128.72 Terms Of Sale CashConventional Third Party Approval No Utilities ElectricityPropaneSewerWater-City Water Mineral Other Rights No

Listing courtesy of Ute Lake Premier Properties, Llc.
© 2022 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rafter Cross Realty are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2022-05-19T00:15:18.183.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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Rafter Cross Realty
822 South Main Street, P.O. Box 8
Lovington NM, 88260