Listing by Olivia Zhao #10
Red Lion, Farmington
700 Scott Avenue, Farmington, NM 87401
Hotel / Motel For Sale
- Price:
- $9,750,000
- No. Rooms:
- 192
- Building Size:
- 150,000 SF
- Price/Room:
- $50,781.25
- Property Type:
- Hotel & Motel
- Property Sub-type:
- Full Service
- Property Use Type:
- Investment
- Cap Rate:
- 14.60%
- Average Daily Rate:
- $67
- Corridor:
- Interior
- Listing ID
- 18348041
- Last Updated
- 14 days ago
Attachments
Description
” The Red Lion Hotel Farmington is located in Farmington, New Mexico in the heart of the Southwest and in the northwest corner of New Mexico, within walking distance of the historic downtown.
” Farmington is in a high desert with an elevation of 5,500 feet and just 60 miles from the Four Corners National Monument.
” The property located in the southwest part of town, close to historic downtown Farmington and just 2.2 miles from airport.
” The property is also with-in walking distance to many hiking trails through the valley floor and access to the nature center.
