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2663 Hwy 84
Chama, NM 87520

Elkhorn Lodge · Hospitality Property For Sale · 16,288 SF

Investment Highlights

  • Hosting 11-cabins, two-story motel (with 22 guest rooms) and 2 mobile homes on pristine open space.
  • Strategically located on the Rio Chama River with river frontage - 8.5-acres (with developable land directly on the riverfront).
  • Pavilion, outdoor bar, hot tubs, 2 corrals, fire pit, trails for hiking and lots of open space.
  • Unique investment opportunity with potential development and expansion to further increase income.
  • ±1,200 SF+/- 2-bedroom 1-bath living quarters or manager's quarters.
  • Nearby retailers include Elk Horn Cafe, Charma Valley Farmer's Market, Lucky Dollar Pawn Shop, Charma Grill, and Lowe's Grocery Store.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 8.50 AC
Building Size 16,288 SF
No. Stories 2
Year Built/Renovated 1951/2018
Parking Ratio 1.47/1,000 SF
Corridor Exterior

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 23011044

  • Date on Market: 2021-05-11

  • Last Updated:

  • Address: 2663 Hwy 84, Chama, NM 87520

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