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Econo Lodge Eagle Nest 715 Highway 64 E

32 Room Hotel Eagle Nest, NM 87718 £1,095,430 (£34,232/Room)

Executive Summary

The two-story Econo Lodge is located in northern New Mexico in the popular summer-home and resort destination Eagle Nest, New Mexico.
Just minutes away from the Angel Fire Ski Area, the hotel is situated on the north shore of majestic Eagle Nest Lake and near the Enchanted Scenic Byway, Rocky Mountains, and the Colin Neblett Wildlife Area, the largest wildlife area in the state. This state park features the soaring 400-foot granite formations known as the Cimarron Palisades. Year round activities include fishing, hiking, skiing and relaxing.
 The 32-room hotel includes a guest laundry, breakfast area, a sundeck with a breathtaking view, copy & fax machine, meeting room and a fitness room and living quarters. There are also a limited number of cold weather and RV hook-ups.
This absentee owner has the hotel currently leased out and will entertain all serious offers.
Please contact Peter Holmes for all tours. Please do not visit the hotel without signing a CA & making an appointment with the listing broker.

Property Facts

Price £1,095,430
Price Per Room £34,232
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.50 AC
Building Size 13,000 SF
No. Rooms 32
Number of Floors 2
Year Built 1989
Parking Ratio 2.77/1,000 SF
Corridor Exterior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 32 £83.72 -

zoning

Zoning Code H-1
H-1
  • Listing ID: 27709137

  • Date on Market: 08/02/2023

  • Last Updated:

  • Address: 715 Highway 64 E, Eagle Nest, NM 87718

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