Post on 26-Jul-2020
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 walts@1stvalley.com
Bill Shattuck, CCIM+1 575 546 1995 billshattuck@1stvalley.com
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
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