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Sagebrush Inn & Conference Center 1508 Paseo del Pueblo Sur

156 Room Hotel Taos, NM 87571 $18,781,477 CAD ($120,394 CAD/Room)

Investment Highlights

  • Seller Financing loan option available
  • Massive operational upside, potential key money available
  • Taos offers a variety of attractions drawing leisure travelers worldwide, skiing, hiking, rafting, and various arts museums
  • 6% Interest rate on USDA Assumable financing
  • Additional venue space, restaurants, and live entertainment
  • Tribute by Marriott conversion option, Wyndham Trademark conversion option, Choice Ascend Conversion Avail. & Sonesta soft brand conversion available

Executive Summary

Marcus & Millichap has been chosen to exclusively market for sale the Sagebrush Inn & Suites in Taos, New Mexico. Today, the newly restored Historic Boutique; Sagebrush Inn & Suites offers authentic Southwest charm amidst modern comforts and conveniences with 156 graciously appointed guestrooms & suites and onsite patio dining. Explore the outdoor-access guest rooms and the Inn's scenic grounds offer graceful portals, patios, and traditional brick walkways. The connecting courtyards are ideal for open-air strolls with with spectacular views of the Sangre de Cristo Mountains.
Please visit https://sagebrushinnsuites.sharplaunch.com/ to view offering summary & due diligence. or contact Josh Tammen at (480) 567-6853

Property Facts

Price $18,781,477 CAD
Price Per Room $120,394 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 10.50 AC
Building Size 128,674 SF
No. Rooms 156
No. Stories 2
Year Built/Renovated 1929/2023
Parking Ratio 1.64/1,000 SF
Corridor Exterior

Amenities

  • Fitness Center
  • Pool
  • Restaurant
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 32 $182.85 CAD -
Guest Room 124 $126.15 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 88506
  • 23336
Land Assessment
$256,763 CAD
Improvements Assessment
$1,308,058 CAD
Total Assessment
$1,564,822 CAD

zoning

Zoning Code HCPD
HCPD
  • Listing ID: 34148926

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 1508 Paseo del Pueblo Sur, Taos, NM 87571

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