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Lance Eaton

Exit Realty Advantage NM

Los Alamos, NM 87544

505-500-8222
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$1,750,000 For Sale

2663 S Highway 84
Chama, NM 87520


16,288 sq ft

Commercial: Hospitality - MLS# 201900579
Property Photo
1/39

Description

Nestled on the banks of the Chama river on 8.45 acres, the Elkhorn Lodge has been hosting visitors in their cabins and lodge rooms for 68 years. This beautiful scenic spot is on the main highway south of Chama, New Mexico and is open to visitors all year around. Families come from around the world for the quiet relaxed environment, fishing, hunting, snow sports, and beautiful scenery of the Rocky Mountains during all four seasons. The Village of Chama is the home of the Cumbres and Toltec Scenic Railroad, a National Historic Landmark, which provides a 64-mile day trip that zig zags along the Colorado/New Mexico border. The property has 11 rustic cabins and 22 lodging rooms. There are over two acres along the river which could be developed with additional rental units, tiny homes or an RV park. The owner's quarters is two bedroom, one bath with an office, living room, dining room, kitchen and fenced yard. The units have all been updated by the current owner. The property has a covered pavilion which can accommodate up to 150 people, making the Elkhorn Lodge a perfect mountain destination for family reunions and weddings. This is a rare opportunity to live and work in the beautiful Rocky Mountains of Northern New Mexico.

Features

  • Access Type: Non-Ada
  • Approx. Age: 31+ Years
  • Building Use: Hotel/Motel/Hospitality
  • Cap Rate %: 9.45
  • Cap Rate Remarks: Cap Rate Was Calculated Using Figures Provided From 1/1/18 Thru 10/11/18.
  • Construction: Other - See Remarks
  • County/Area: Rio Arriba County
  • Directions To Property: South Of The Village Of Chama On Hwy 84. Gps Coordinates: N 36° 52.188 , W 106° 34.926
  • Electricity: Electric - 115v, Electric - 220v, Public
  • Extras: Fire Alarm, Gas Fa Heat, Kitchen Area, Living Area, Multi-Story Building, Outside Storage
  • Floor: Carpeting, Wood, Other - See Remarks
  • Landlord Pays: Building Taxes, Electricity, Fire Insurance, Full Service, Gas, Heat, Inside Maintenance, Internet S
  • Lease Type: Other - See Remarks
  • Listing Status: Active
  • Lot Dimensions: irregular - see survey
  • Lot Size Source: Survey
  • Lot Size Sq Ft: 368082
  • Miscellaneous: Fencing
  • Parking Facilities: Parking Area
  • Property Type: Commercial
  • Roof: Metal - Propanel
  • Sewage: City
  • Site/Complex Name/Locatn: Elkhorn Lodge - Chama Nm
  • Sq Ft Remarks: Main Lobby/Residence (3,870 Sq.ft.); Eleven Log Cabins (5,217 Sq.ft); Motel Rooms (7,201 Sq.ft);plus
  • Sq Ft Source: Appraiser
  • Sq.Ft.: 16288
  • Sub Type: Hospitality
  • Telephone - Landline: On-Site
  • Tot Build Appx Sqft Rnge: 5000+
  • Video Link: Https:// My.matterport.com/Show/?m=mkwketsqg4o
  • Water: City
  • Year Built: 1950
  • Zip Code: 87520
  • Zoning: Other-See Remarks
  • Zoning Comments: The Code For All Land In Rio Arriba County Is Crad - County Rural Agricultural District.

Courtesy of:


Exit Realty Advantage NM
1615 Central Ave
Los Alamos, NM 87544
Phone: 505-500-8222
Email: Office@exitadvantagenm.com

Testimonials

Lance helped my husband and I find a home to buy while we were on a house-hunting trip this past summer. The market was very tight and limited our selection in our price range, but Lance was great about helping us look at all our options in a limited time frame. His knowledge of the local  building history was helpful in understanding the homes we saw. With his input we were able to find a home that fit our budget and had many of the characteristics that we were looking for. Hannah S
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