$1,425,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
0.19
Open Houses
-
year built
1950
Full Baths
0
Half Baths
0
This is an amazing investment opportunity! Check out this 14-room working lodge in the historic town of Red River on Main Street. In addition to the 14-rooms that can be rented out nightly, the property also has a 1500 sq ft owner suite to enjoy year-round. For growth purposes, the owner's suite could possibly be turned into more units. The property has 4 queen single rooms, 8 kitchenette rooms and 1 2-bedroom apartment across two floors that could be rented out nightly, weekly, or monthly depending on your future clients' needs. All FF&E, land and property conveys with sale. Large attached warehouse space is unused and also could be converted. If you've ever wanted to own and operate a lodge in a beautiful ski town here is your opportunity!
The property is on city utilities
Keyless Entry to all rooms
On site laundry room for owner or property manager
All nonsmoking rooms
Smart TV's in all rooms with $6000 upgraded internet infrastructure
Four cleaners and one property manager who would like to stay on with sale if buyer desires
Mountain view lodge is listed and promoted on the internet under their name plus other popular travel sites
Majority of room windows are 2023 Pella
Room furnishings upgraded in 2022
Backside gutters with heattape 2023
Electrical upgraded 2022
Owner's suite upgraded 2023
Firepits and seating added 2022
This property was purchased only 2 years ago and brought from completely vacant with no marketing and not producing to a 47% annual occupancy rate and marketed across all platforms (Company website, Expedia, Airbnb, Hotel.com, Bookings, VRBO, etc) . It was a startup operation for the buyers with large capital input that has exceeded the growth time expected. There is still a ton of potential in this property to grow.
Location | |
Subdivision | - |
County | Taos |
Elementary School | Taos |
Middle School | Taos Jr High |
High School | Taos High School |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 202501268
Listing agent:
Nikki Bronstorp
#REC20240538
Listing broker:
Coldwell Banker Legacy 8200
(505) 292-8900
Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Friday, March 28 2025 at 1:23 p.m. EDT
Kotohomes National
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