26154 Us-70, Ruidoso Downs, NM 88346

$999,000
5,000
SqFt

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List Price
$999,000
Price Change
▼ $201,000 1783659827
MLS#
134275
Status
ACTIVE
Type
Commercial
Style
Other
Region
Ruidoso Downs
Subdivision
Other

Property Description

Bestway Inn is a well-maintained updated lodging property in Ruidoso Downs offering 21 guest rooms plus a 2-bedroom apartment, creating multiple revenue and operational opportunities. Current owners of 15 years. The room mix includes 8 rooms with one bed, 12 rooms with two beds, and 1 room with three beds, allowing the property to accommodate a variety of traveler needs, from solo guests to families and groups. The attached 2-bedroom apartment, located just off the lobby, is ideal for an on-site owner or management team, helping streamline operations and guest service. Alternatively, the apartment could be rented separately to generate additional income. This property offers investors and owner-operators a turnkey hospitality opportunity with flexible use options and upside potential

Additional Information

Living Area
5,000
Acres
0.38
Taxes
$14,249
Utilities
Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Stories
2
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Better Homes & Gardens Real Estate - Steinborn & Associates.