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Motel 10 1202 Pyramid St

30 Room Hotel Lordsburg, NM 88045 £509,082 (£16,969/Room)

Executive Summary

This 35 Unit hotel, strategically located off Interstate 10, is currently operational and catering to interstate travelers. The property features an older building at the rear, formerly used as a restaurant, which offers additional usage potential. The current owners are also running a U-Haul business on-site, providing supplementary income.

Property Facts

Price £509,082 Building Size 8,000 SF
Price Per Room £16,969 No. Rooms 30
Sale Type Investment Number of Floors 2
Sale Conditions Deferred Maintenance Year Built/Renovated 1989/2024
Property Type Hospitality Corridor Exterior
Property Subtype Hotel Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class C
Price £509,082
Price Per Room £16,969
Sale Type Investment
Sale Conditions Deferred Maintenance
Property Type Hospitality
Property Subtype Hotel
Building Class C
Building Size 8,000 SF
No. Rooms 30
Number of Floors 2
Year Built/Renovated 1989/2024
Corridor Exterior
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 35 £47.06 -
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PROPERTY TAXES

Parcel Number 3107133120050 Improvements Assessment £140,284
Land Assessment £37,801 Total Assessment £178,085

PROPERTY TAXES

Parcel Number
3107133120050
Land Assessment
£37,801
Improvements Assessment
£140,284
Total Assessment
£178,085

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Cristian Rivas
    Cristian Rivas
  • Charity Realty Group
(623) 418-2710

  • Listing ID: 33551648

  • Date on Market: 14/08/2024

  • Last Updated:

  • Address: 1202 Pyramid St, Lordsburg, NM 88045

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© 2024 CoStar Group

Motel 10 | 1202 Pyramid St
(623) 418-2710 x

Motel 10 | 1202 Pyramid St

Cristian Rivas

(623) 418-2710

(623) 418-2710

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