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Microtel Inn & Suites by Wyndham Raton 1640 Cedar St 61 Room Hotel Raton, NM 87740 $7,677,560 CAD ($125,862 CAD/Room) 13.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Turnkey Investment – Recently completed Wyndham Moda PIP modernizes the property, offering a plug-and-play investment opportunity for new ownership.
- Interior Corridor Property
- Strategic Location – Prime location off I-25 in Raton with strong visibility and steady travel demand
EXECUTIVE SUMMARY
Newmark Mountain West Commercial Real Estate, in conjunction with Western States Commercial Real Estate, is pleased to present the 61-room Microtel Inn & Suites in Raton, New Mexico. This offering represents a rare opportunity to acquire a well-performing, turnkey asset located in a high-visibility position just off Interstate 25. The property leads its competitive set in key performance metrics, reflecting strong in-place operations and consistent demand fundamentals. Recently completed renovations under Wyndham’s Moda prototype have modernized the guest experience, positioning the asset for continued success under new ownership.
Tours are available by appointment only. To schedule a tour, please contact the broker. It is understood that staff at the property should not be contacted directly.
Tours are available by appointment only. To schedule a tour, please contact the broker. It is understood that staff at the property should not be contacted directly.
PROPERTY FACTS
| Price | $7,677,560 CAD | Lot Size | 1.00 AC |
| Price Per Room | $125,862 CAD | Building Size | 43,647 SF |
| Sale Type | Investment | No. Rooms | 61 |
| Cap Rate | 13.90% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 2002 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | C-3 - General and Highway Servicing District | ||
| Price | $7,677,560 CAD |
| Price Per Room | $125,862 CAD |
| Sale Type | Investment |
| Cap Rate | 13.90% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 43,647 SF |
| No. Rooms | 61 |
| No. Stories | 2 |
| Year Built | 2002 |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C-3 - General and Highway Servicing District |
AMENITIES
- Business Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 26 | $175.89 CAD | - |
| Guest Room | 35 | $140.99 CAD | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $136,899 CAD | Total Assessment | $136,899 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$136,899 CAD
Improvements Assessment
$0 CAD
Total Assessment
$136,899 CAD
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VIDEOS
MATTERPORT 3D EXTERIOR
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Microtel Inn & Suites by Wyndham Raton | 1640 Cedar St
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