Historic Turnkey Motel For Sale in Chama, NM

Chama, NM
Rio Arriba County

Asking Price: Annual Revenue:
$375,000 Not Disclosed

Services: Hotel, Motel, Lodging

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RE: Historic Turnkey Motel For Sale in Chama, NM Broker: United Country Property Specialists

Quick Facts

Asking Price: $375,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 491824203
Broker Reference #: 30014-39530

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Business Overview:

Northern NM Commercial Property Chama Motel for Sale Hwy 84

The Y Motel is a landmark location in Chama NM at the junction of Highway 84, 64 and Highway 17.  This motel has been owned and operated by the same family since the early 70's.  It has 13 rooms with some that include kitchenettes and has been a hiker favorite among the trail walkers of the Continental Divide Trail for many years.  Chama is considered a gateway city for the CDT trail hikers so the motel is extremely busy in May/June and again in Sept/Oct with those who conquer the trail.  The rooms are affordable and close to many amenities, including the grocery / hardware store and a number of dining options.  

The office features a spacious room for travelers to check in and is attached to the 3 bedroom, 2 bath home where the manager currently resides.

Chama is a hub for summer and winter travelers alike.  Fall and Winter are a buzz with hunters, snowmobilers and cross-country skiers, while the Spring and Summer bring cool mountain air seeking travelers, train enthusiasts and those just looking to relax in a slow paced little mountain town.

The current map shows the family's entire property and will need to be surveyed prior to closing to just include the motel property which is estimated to be about 1 acre of land.

The Cumbres and Toltec Scenic Railroad celebrates 50 years in 2020 with special events, while the August celebration of Chama Days brings softball players from all across New Mexico.  The fourth of July is always a buzz because Chama celebrates with one of the largest fireworks displays in the northern part of the state.  The Chama Chile Ski Classic is always on Martin Luther King weekend and will be celebrating 49 years in 2021.  Winter also brings a hot air balloon rally and snowmobile poker run.  

This eclectic little motel is in a big location!

For more properties like this, go to United Country Real Estate!

Listing ID: 30014-39530

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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