This property is located in Springer, NM this town is south of Raton NM. The town of Springer is 190 miles from Albuquerque NM on I-25. The town is ideally situated at the crossroads of I-25 and Hwy 58/64 and Hwy 56. Hwy 58/64 takes you to Angel Fire and Taos NM. The Oasis Motel has been remodeled with 18 units, 1 unit is used for a couple that lives on the property to manage it, and one unit is used for office. This property is ideal for a couple that can live at the property, manage it and take care of the maintenance. This property can be profitable currently operating at 50 % capacity with a lot of room for growth and is easily sustaining itself. This is a beautiful town with a lot of history. - Parking description: parking is available in front of the rooms and in front of the motel. - Area description: Northern New Mexico town a very charming community. - Number of buildings: 3 - Number of units: 18 - Building condition: Excellent
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Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.