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29559968
29559966

1445 S 2nd St, Raton, NM 87740 For Sale

RS
TX TX 0560351
KW Commercial
Listed by KW Commercial
$1,000,000
164 days on market
Updated 84 days ago
Opportunity zone

Oasis Restaurant and Motel (Owner Finance)

Details
Property Type Hospitality
Sub Type Motel
Square Footage 12,104
Keys 14
Cap Rate 26.87%
NOI $268,747
Occupancy 70%
Price per SqFt $83
Broker Co-Op Yes
Year Built 1970
Buildings 3
Acreage 2.710
Investment Type Value Add
Ownership Fee Simple
Sale Condition For sale by owner

Restaurant and Hotel | 19.91% CAP | 14 Rooms (Owner Finance)

Marketing description

Singh Commercial Group is pleased to present the Oasis Restaurant & Motel, a rare opportunity to acquire a dual-income hospitality asset in Raton, New Mexico. The property consists of a 14-room motel, a full-service restaurant, and a private 3 bedroom owner’s apartment, offering both operational flexibility and lifestyle optionality.

The Oasis has been operated for over 70 years, establishing deep community roots and long-standing brand recognition. The restaurant is a well-known local staple, celebrated for its authentic New Mexican cuisine and loyal repeat clientele, while the motel serves a steady mix of highway travelers, outdoor enthusiasts, and rail passengers.

Strategically located near Interstate 25 and Raton Pass, the property benefits from consistent transient traffic connecting Colorado and New Mexico. Raton’s position as a gateway market, combined with tourism, rail access, and regional attractions, supports ongoing demand for both lodging and food & beverage services.

OWNER IS WILLING TO FINANCE (WITH 1ST LIEN POSITION). CONTACT BROKER FOR DETAILS

Investment highlights

  • Dual Revenue Streams: Motel lodging and full-service restaurant operations

  • 14 Guest Rooms + Owner’s Apartment: Live-work-operate or hire on-site management

  • Established Operating History: Over seven decades of operation

  • Strong Location: Proximity to I-25, Raton Pass, and Amtrak service

  • Local & Transient Demand: Travelers, rail passengers, tourism, and regional events

Listing Contacts

RS
TX TX 0560351
KW Commercial
Listed by KW Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$268,747.00
$22,395.58/mo

Valuation Metrics

0
DSCR
26.87%
Cap Rate
26.87%
ROI

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Additional Information

Name
Christopher John Newman
License
REC-2024-0776
Title
Broker of Record
Brokerage Address
6240 riverside Plaza Lane NW Ste 100 Albuquerque, NM 87120
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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