Hotel-Motel
Kachina Lodge
413 Paseo Del Pueblo Norte, Taos, NM 87571
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap has been chosen to exclusively present for sale, the Kachina Lodge in Taos, NM. Kachina Lodge, an iconic Taos landmark, is a 118 guest-room resort style destination hotel. Originally built from 1960 to 1973 on 7.28 acres, Property is currently non-operational – Owners have torn the interior down to the studs/drywall. The property does have amenities which include an outdoor seasonal pool, indoor hot tub, 7,600 sq. ft of conference / meeting space, and additionally a restaurant, coffee shop and gallery area. This historic property is located in Taos, New Mexico along US Route 64, the main thoroughfare between Taos Plaza and Taos Pueblo which also serves as access to world renowned Taos Ski Valley. The town, a longtime artist colony, offers many galleries and museums showcasing regional artwork. The hotel is a prime starting point for a tour of the Enchanted Circle, an 83 mile nature loop through mountains, valleys, mesa and national forest.
Kachina Lodge
Investment Highlights
- Value Add Opportunity - 118 Key Boutique Hotel
- Over $1.8 Million Spent in 2024 on Structural Renovations such as Mechanical, plumbing, electrical, roof, etc.
- Potential Seller Financing Options Available
- Current RevPAR for Upper Upscale properties $140+, 2023 Appraisal Shows Y2 Stabilized NOI at $2 Million+
- Property is Currently Non-Operational - Owners Have Torn the Interior Down to the Studs/Drywall
- Current condition allows for a new owner to renovate/design the property how they would like
- Was formerly a Best Western then rebranded to an independent as the Kachina Lodge in 2022
- Over 7,600 sqft of common area space for restaurant & banquet events
Exclusively Listed By
Broker of Record
Listing Price: Request For Offer
Investment Highlights
- Value Add Opportunity - 118 Key Boutique Hotel
- Over $1.8 Million Spent in 2024 on Structural Renovations such as Mechanical, plumbing, electrical, roof, etc.
- Potential Seller Financing Options Available
- Current RevPAR for Upper Upscale properties $140+, 2023 Appraisal Shows Y2 Stabilized NOI at $2 Million+
- Property is Currently Non-Operational - Owners Have Torn the Interior Down to the Studs/Drywall
- Current condition allows for a new owner to renovate/design the property how they would like
- Was formerly a Best Western then rebranded to an independent as the Kachina Lodge in 2022
- Over 7,600 sqft of common area space for restaurant & banquet events
Investment Overview
Marcus & Millichap has been chosen to exclusively present for sale, the Kachina Lodge in Taos, NM. Kachina Lodge, an iconic Taos landmark, is a 118 guest-room resort style destination hotel. Originally built from 1960 to 1973 on 7.28 acres, Property is currently non-operational – Owners have torn the interior down to the studs/drywall. The property does have amenities which include an outdoor seasonal pool, indoor hot tub, 7,600 sq. ft of conference / meeting space, and additionally a restaurant, coffee shop and gallery area. This historic property is located in Taos, New Mexico along US Route 64, the main thoroughfare between Taos Plaza and Taos Pueblo which also serves as access to world renowned Taos Ski Valley. The town, a longtime artist colony, offers many galleries and museums showcasing regional artwork. The hotel is a prime starting point for a tour of the Enchanted Circle, an 83 mile nature loop through mountains, valleys, mesa and national forest.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
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