
Home Associates, Inc
Listed by Home Associates, Inc
$299,000
647 Broadway Avenue
Details
Property Type Hospitality
Sub Type Hotel
Year Built 1950
Parking Spaces 6
Hospitality
Marketing description
Owner operators, this one's for you! The M&M Motel is waiting for someone to take over daily operations. This quaint 5 room motel is situated in the heart of downtown Des Moines, NM. Located between the larger communities of Raton and Clayton, this is the perfect location to snag weary travelers from Texas on their way to the ski slopes or hunting valleys of northern New Mexico! Each room welcomes guests with updated furnishings and decor. The bathrooms in each unit have been tastefully updated, as well as recently installed mini-split heating and cooling units for each space. The caretakers quarters include a nice sized livingroom, eat in kitchen, 2 bedrooms, a nice bath with tub/shower combo, and more! This is a turn key business, ready to welcome guests!
Listing Contacts

Home Associates, Inc
Listed by Home Associates, Inc
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?











































