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3377 Mountain View Blvd

Angel Fire, NM 87710
  • $2,200,000
  • STATUS: Active
  • ON SITE: 243 Days
  • MLS #: 110971
UPDATED: 96 min ago
$2,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,700
    SQFT
  • $188
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1996
County:

School Ratings & Info

[Taos County Association of Realtors] logo Listing provided courtesy of Lindsey Land & Home, LLC: 505-204-6716.

Description

Rare opportunity to own one of only two Hotels in Angel Fire, New Mexico! Situated on 1/2 acre of land and located in the heart of town in view of the ski resort, the Elk Horn Lodge has seen many upgrades in the last year including new roof, new windows, new boilers and baseboards, upgraded electrical, and completely upgraded rooms with built in furnishings. The lodge also features a popular restaurant (the Morning Star Restaurant, a separate business that leases the space from the lodge owner; Most equipment in the restaurant other than the Dishwasher is owned by the owner of the Lodge), and a caretaker's apartment. A bonus retail area can be used in a variety of ways, from ski/bike tuning, ski/bike storage, retail or front desk. Rooms include two 2 bedroom suites which sleep up to 8, two single king Rooms, eight double queens, and one single queen. All but ground floor unit have private decks. Fire Sprinker system is in place and high speed fiber optic internet is available. Property has been used for employee housing and therefore recent historic revenues do not reflect the potential rental revenue, especially after the extensive remodel. Exterior is the last remaining necessary upgrade, and the Seller (a local builder) is willing to completely upgrade the exterior for $500,000. Owner may be willing to carry a note with 50% down on very favorable terms for the right buyer.

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© 2024 Taos Association of Realtors MLS, Inc. All rights reserved. Data last updated: 2024-06-20T15:29:12.7.
The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of TCAR MLS, Inc. Real estate listings held by brokers other than Berkshire Hathaway Taos Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real state, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. TCAR MLS, INC. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. TCAR MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, PR USE OF THIS MATERIAL.

Publisher’s Notice: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

TCAR MLS, Inc. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.bhhstaos.com/homes/144579590
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3377 Mountain View Blvd Angel Fire, NM 87710

  • Price: $2,200,000
  • Status: Active
  • On Site: 243 Days
  • Updated: 96 min ago
  • MLS #: 110971
0
Beds
0
Baths
0
½ Baths
N/A
Acres
11,700
SQFT
$188
$/SQFT
1996
Built
Neighborhood:
Angel Fire Vilw
County:
Colfax
Area:
Angel Fire (04A)
Property Description
Rare opportunity to own one of only two Hotels in Angel Fire, New Mexico! Situated on 1/2 acre of land and located in the heart of town in view of the ski resort, the Elk Horn Lodge has seen many upgrades in the last year including new roof, new windows, new boilers and baseboards, upgraded electrical, and completely upgraded rooms with built in furnishings. The lodge also features a popular restaurant (the Morning Star Restaurant, a separate business that leases the space from the lodge owner; Most equipment in the restaurant other than the Dishwasher is owned by the owner of the Lodge), and a caretaker's apartment. A bonus retail area can be used in a variety of ways, from ski/bike tuning, ski/bike storage, retail or front desk. Rooms include two 2 bedroom suites which sleep up to 8, two single king Rooms, eight double queens, and one single queen. All but ground floor unit have private decks. Fire Sprinker system is in place and high speed fiber optic internet is available. Property has been used for employee housing and therefore recent historic revenues do not reflect the potential rental revenue, especially after the extensive remodel. Exterior is the last remaining necessary upgrade, and the Seller (a local builder) is willing to completely upgrade the exterior for $500,000. Owner may be willing to carry a note with 50% down on very favorable terms for the right buyer.
Property Features

Current Use Hotel Motel Disclosures Owner Is Listing Agent Lease Term Month To Month Listing Agreement Exclusive Right To Sell Possible Use Hotel Motel Property Sub Type Building Land Business Road Frontage Type State Road Tax Legal Description Angel Fire West Village - 3 B Part of 4 UPC 1088151159013 Land Elk Horn Lodge Vegetation Other

© 2024 Taos Association of Realtors MLS, Inc. All rights reserved. Data last updated: 2024-06-20T15:29:12.7.
The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of TCAR MLS, Inc. Real estate listings held by brokers other than Berkshire Hathaway Taos Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real state, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. TCAR MLS, INC. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. TCAR MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, PR USE OF THIS MATERIAL.

Publisher’s Notice: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

TCAR MLS, Inc. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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Berkshire Hathaway Taos Real Estate
314 Paseo Del Pueblo Norte A
Taos NM, 87571
[Taos County Association of Realtors] logo Listing provided courtesy of Lindsey Land & Home, LLC: 505-204-6716.