Unique River Frontage Hotel Spa & HotSprings

Hospitality for Sale
Catylist Listing ID: 30663550
Property Subtypes: Bed & Breakfast, Extended Stay, Hotel, Inn, Motel, Spa, Other
Number of Units: 3 Units
Building Size (RSF): 17,000 SF
Gross Building Area: See Agent
Gross Land Area: 14 Acres
Sale Price: $1,750,000
Unit Price: $583,333.33 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 9/10/2021

Overview / Comments

This property was built in 1930 by the Union Pacific Rail Road Company to serve as a Hotel for Travelling Guests (Harvey House).
The Property has Mineral Hot Springs. The Water Rights are 60 Acre Feet of Hot Water (130 degrees) and 10 Acre Feet of Cold Water.
We Have Three Buildings. The Main Building with Originally 15 Bedrooms. Today, has 8 Master Suites with Several Social Areas.
The Property Includes 14 Acres of Land, which is all the Land West of the Arroyo and North of the Rio Grande River.
Approximately 1,500 Feet of Frontage to the River with Three Hot Water Wells, and One Cold Well.
It Currently Has Two Outdoor Pools with Hot Springs and Ten Indoor Single Tubs.

Attachments & Media

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Tax ID/APN: 3003122260128
Zoning: T2
Year Built: 1930
Year Renovated: 2020
Roof Type: Other
Construction/Siding: Wood Frame
Water Recreation: Other
Total Parking Spaces: 100
Parking Type: Other
Sprinklers: Wet

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,722 2,815
Median Age: 41.22 40.82
Households: 645 1,039

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