Courtesy: Coldwell Banker Legacy
505-252-1162
This is an amazing investment opportunity! Check out this 14-room working lodge in the historic town of Red River on Main Street. In addition to the 14-rooms that can be rented out nightly, the property also has a 1500 sq ft owner suite to enjoy year-round. For growth purposes, the owner's suite could possibly be turned into more units. The property has 4 queen single rooms, 8 kitchenette rooms and 1 2-bedroom apartment across two floors that could be rented out nightly, weekly, or monthly depending on your future clients' needs. All FF&E, land and property conveys with sale. Large attached warehouse space is unused and also could be converted. Owner financing is available. If you've ever wanted to own and operate a lodge in a beautiful ski town here is your opportunity!
Red River is located in New Mexico. Red River, New Mexico has a population of 675. Red River is less family-centric than the surrounding county with 9.03% of the households containing married families with children. The county average for households married with children is 14.47%.
The median household income for the surrounding county is $49,481 compared to the national median of $69,021. The median age of people living in Red River is 33.5 years.
The average high temperature in July is 76.9 degrees, with an average low temperature in January of 5.6 degrees. The average rainfall is approximately 21.1 inches per year, with 122.9 inches of snow per year.
