1301 Main Street Red River, NM 87558
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202501268
Style Multi-Level
HOA Y/N No
Year Built 1950
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Apartment
Property Description
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
State NM
County Taos
Zoning Other
Interior
Interior Features Interior Steps
Heating Baseboard, Ductless, Electric
Cooling Evaporative Cooling
Fireplace No
Exterior
Utilities Available High Speed Internet Available, Electricity Available
Amenities Available Laundry, Cable TV
Water Access Desc Public
Roof Type Pitched
Accessibility Not ADA Compliant
Private Pool No
Building
Entry Level Multi/Split
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Level or Stories Multi/Split
Schools
Elementary Schools Taos
Middle Schools Taos Jr High
High Schools Taos High School
Others
Tax ID 1084169303075
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
