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Indian Hills Inn, Taos Plaza
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| 55 Unit hotel, 5,000 SF Retail rental, successful long time independent, awesome downtown location, great team of employees, priced below current bank appraisal. |
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| Hotel includes 25 rooms with 2 queen beds each, 30 deluxe single king bed rooms with gas log heater / fireplaces, and warm welocming lobby with gas log firelace, breakfast / meeting room, carved wood features, beamed T & G ceilings. Manager unit is 2 bedroom, 1200 SF. Upgraded solar heated seasonal fenced pool. Landscaping includes several 100 foot tall trees on over an acre of grass and schrubs.
Retail rental building is about 5,000 SF, 4 tenants plus on premises laundry w/ new 2009 55# washer / extractor. Rentals a little under market at around $10 / SF. Seveal long term tenants.
Also available is about an acre of buildable property at the rear of the property with secondary street access. Priced at an added $300,000.
Recent (11/2009) bank odered appraisal at $2,750,000. That includes the vacant land. Appraisals at above list prices says we have this offered at possible the best price in the industry.
Listed by owner / broker. Will work with other brokers. |
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Map (Beta Version)
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Financial Information
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| Property Price: | 2150000 USD |
| Terms and Conditions: | Cash, CTL (possibly assumable), refi., w/c exchnage |
| Occupancy Rate: | 40 % |
| Revenue Per Year: | 550000 USD |
| Average Daily Rate: | 60 USD |
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Property Information
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| Acres of Ground: | 2.3 |
| Years Run as B&B: | 100 |
| Build Year: | 1996 |
| Last Renovation Year: | 2007 |
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Additional Information
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| Guests Capacity: | 160 |
| Guest Rooms: | 55 |
| Guest Bathrooms: | 55 |
| Guest Lounge: | No |
| Guest Breakfast Room: | Yes |
| Guest Parking Space: | 150 |
| Owner Quarters: | Yes |
| Owner Quarters Rooms: | 6 |
| Owner Quarters Bathrooms: | 1 |
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| Bedhunt.com is not a broker or agent for this property. All of the information displayed has been provided by the owner/agent and should be verified by the user of the information. |
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