95-Unit Motel

For Sale

 

Location Map
  • Brokers:
    Name
    Consuelo Horne
    Email
    consuelo@go-absolute.net
    Phone
    505-730-7395
    Name
    Nicole Rhodes
    Email
    nicole@go-absolute.net
    Phone
    505-720-5211
  • Address: 807 Hwy 85, Soccoro, NM 87801
  • Property Status: Active
  • Sale Pricing: $425,000
  • Property Information:
    Size
    2.48 Acres
    Number of Spaces
    95
    4488 SF
    Property Description:

    Absolute Investment Realty is proud to present this opportunity consisting of a 95 unit (plus manager’s office and laundry facility), exterior corridor, two story mid-scale motel conveniently accessible off Interstate 25 in Socorro, NM. The property can be purchased for the purpose of meeting the lodging needs of Socorro or re-purposing to meet the housing needs in this busy college town. Socorro is known for being home to the New Mexico Institute of Mining and Technology which reports an undergraduate population of approximately 1,569 students. The Energetic Materials Research and Testing Center (EMRTC) is a major research and training division of New Mexico Tech, internationally recognized and has over 60 years of experience in explosives research and testing.

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