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6474 Us-550

Cuba, NM 87013
  • $1,250,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 1073731
$1,250,000
  • 0
    BEDS
  • 3.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Description

Unlock a unique investment with the 33-key Frontier Motel on US-550 in Cuba, NM, a key route to the Four Corners and more. This property includes two parcels: 6474 Main St with 20 keys, a front office, storage building with an unused bar/game area and a vacant 4-bedroom, 3-bath commercial residence, and 6471 Main St with 13 keys and a separate vacant residence/possible front office.With 16,537 SF of improvements on 3.25 acres, including 2 acres of surplus residential-zoned land for development, and 7,000 SF of unused space for expansion, the potential is vast. 2024 YTD financials show $271K gross income vs. $150K expenses, underscoring its profitability. Priced at $1.25M, it's ideal for investors or owner/operators seeking growth. Full financials available upon NDA.

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IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2024-12-11T00:05:20.163.
www.albuquerquerealestateservices.com/homes/157712350
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6474 Us-550 Cuba, NM 87013

  • Price: $1,250,000
  • Status: Active
  • On Site: 31 Days
  • MLS #: 1073731
0
Beds
0
Baths
0
½ Baths
3.25
Acres
Neighborhood:
200 - Sandoval County - Other
County:
Sandoval
Area:
200 - Sandoval County - Other
Property Description
Unlock a unique investment with the 33-key Frontier Motel on US-550 in Cuba, NM, a key route to the Four Corners and more. This property includes two parcels: 6474 Main St with 20 keys, a front office, storage building with an unused bar/game area and a vacant 4-bedroom, 3-bath commercial residence, and 6471 Main St with 13 keys and a separate vacant residence/possible front office.With 16,537 SF of improvements on 3.25 acres, including 2 acres of surplus residential-zoned land for development, and 7,000 SF of unused space for expansion, the potential is vast. 2024 YTD financials show $271K gross income vs. $150K expenses, underscoring its profitability. Priced at $1.25M, it's ideal for investors or owner/operators seeking growth. Full financials available upon NDA.
Exterior Features

Construction Materials Adobe Frame Slump Block Stone Stucco Wood Siding Parking Features Guest On Site Parking Total 33 Road Frontage Type Highway Road Surface Type Paved Stories Total 2

Interior Features

Cooling Evaporative Cooling Multi Units Cooling YN Yes Flooring Carpet Heating Combination Multiple Heating Units Natural Gas Wall Furnace Heating YN Yes

Property Features

Building Area Total 16537 Building Features Private Restrooms Storage Gross Income 271849 Insurance Expense 12202 Land Lease YN No Leasable Area 100 Lease Term None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Operating Expense 150128 Property Sub Type Hotel / Motel Property Sub Type Additional Hotel / Motel Tax Annual Amount 3945.52 Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected Zoning Description C-1

Southwest MLS] logo Listing courtesy of Keller Williams Realty: (505) 897-1100. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2024-12-11T00:05:20.163.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112