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203 Manzanares Avenue

Socorro, NM 87801
  • $800,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 1026977
UPDATED: 105 min ago
$800,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

The historic Val Verde Hotel nestled in Socorro.The hotel has a interior beautiful court yard, 77 doors and each room is unique, just like the hotel. Rooms have recently been rented as Airbnb's. The hotel is complete with kitchen, restaurant and lobby. There is currently damage to the restaurant that will need repair before hotel can be fully operational. There are numerous commercial office spaces on the lower level that can be leased, See floorplan. Two additional small homes in need of some work also convey. A great investment property with huge upside!

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IDX information © 2023 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Keller Williams Realty. Data last updated: 2023-02-07T05:03:09.87.
www.albuquerquehomefinders.com/homes/135433722
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203 Manzanares Avenue Socorro, NM 87801

  • Price: $800,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 105 min ago
  • MLS #: 1026977
0
Beds
0
Baths
0
½ Baths
0.5
Acres
Neighborhood:
620 - North Socorro
County:
Socorro
Area:
620 - North Socorro
Property Description
The historic Val Verde Hotel nestled in Socorro.The hotel has a interior beautiful court yard, 77 doors and each room is unique, just like the hotel. Rooms have recently been rented as Airbnb's. The hotel is complete with kitchen, restaurant and lobby. There is currently damage to the restaurant that will need repair before hotel can be fully operational. There are numerous commercial office spaces on the lower level that can be leased, See floorplan. Two additional small homes in need of some work also convey. A great investment property with huge upside!
Exterior Features

Construction Materials AdobeBrickBrick VeneerBlock Parking Total 12 Road Surface Type Paved Stories Total 2

Interior Features

Cooling Window Unit(S) Cooling YN No Heating Hot Water Heating YN Yes

Property Features

Disclosures Ranm 2100 Disclosure Gross Income 220000 Land Lease YN No Leasable Area 0 Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Operating Expense 109480 Property Sub Type Mixed Use Tax Annual Amount 11258.4 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedWater Available Water Source Community/Coop Zoning Description C-1

Southwest MLS] logo Listing courtesy of Coldwell Banker Legacy: (505) 292-8900. © 2023 Southwest Multiple Listing Service, Inc.


IDX information © 2023 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Keller Williams Realty. Data last updated: 2023-02-07T05:03:09.87.
 
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Keller Williams Realty
6703 Academy Road NE
Albuquerque NM, 87109