for sale $2,850,000 · • 14 elegant hotel rooms (includes 2 outdoor casita rooms) • pool &...
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Lodging Boutique Hotel, Restaurant & LoungeMESON DE MESILLA, MESILLA, NEW MEXICO
For Sale $2,850,000Price Includes Liquor License
Property Features• Building Size: 12,270 SQ.FT.
• Land Size: 43,996 SQ.FT.
• Zoning: Commercial
• Located in the tourist city of Historic Mesilla, New Mexico
• 14 Elegant Hotel Rooms (includes 2 outdoor casita rooms)
• Pool & Patio Area
• Rooftop Patio
• Dining Areas
• Bar and Lounge Area
• Full Service Kitchen Area
• Wine Room
14 room Boutique Hotel with beautiful outdoor pool and patio area. Restaurant known for its high quality food, cooked by high quality clean equipment. Elegant Lounge/Bar with Wine tasting events and incredible views of the Organ Mountains.
For more information:
Walt Skowronski, SIOR +1 575 640 7214 [email protected]
Bill Shattuck, CCIM+1 575 546 1995 [email protected]
1155 S. TelshorLas Cruces, NM 88011+1 575 521 15351stvalley.com
1891 Avenida de MesillaMesilla, NM
MESON DE MESILLA
Lodging Boutique Hotel / Restaurant & Lounge
Ground floor, 6598 SF, has lobby, main dining, additional dining/wine room, bar/entertainment lounge. 12 hotel rooms are upstairs. 2 Casita rooms in separate,1081 SF building connect to form a suite.
Restaurant seating capacity: 202 in dining rooms, lounge & bar.
Revenues are generated by hotel, full liquor license (#2685), bar & restaurant. New (2007) full service kitchen has top of the line equipment & excellent service flow. Property can offer all day dining & special events venue.
Pro Forma – Annual Property Operating Data
Potential Room Rental $659,190 (5,110 rentable nights at 129.00 per night) Vacancy Rate $197,757 (30%) Room Income $461,433
Food Sales $275,000Liquor Sales $175,000 Potential Income $911,433
Departmental Expenses Rooms $115,358 (25%) Food $ 96,250 (35%) Liquor $ 35,000 (20%) General $ 82,027 ( 9%) Marketing $ 63,800 ( 7%) Maintenance $ 27,343 ( 3%) Utilities $ 22,786 (2.5%) Insurance $ 11,412 (1.2%) Property Taxes $ 13,437 (1.8%) Miscellaneous $ 45,572 ( 5%)
Total Expenses $512,985 (56.28%)
Potential Net Operating Income $398,448.00
Percent of Revenue 43.72%
Aerial Map Meson de Mesilla, New Mexico
HISTORICMESILLA
AVEN
IDA
DE M
ESIL
LA
Demographics1 Mile Radius 3 Mile Radius 5 Mile Radius
Population 2,712 42,329 93,518Median Age 42.5 30.5 32.6Median Income $57,814 $33,854 $39,764
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CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS
NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.