Property Social Network

0

Notifications

Nothing found

See All

Home Your feed

Properties For sale and To rent

Local businesses Trusted and reviewed

Save on property services Mortgages, broadband, and more

Back Return to the main menu

Browse all resources

Find the best broadband

See tradesmen blacklist

Back to listing

Full details for Mixed Use For Sale in Socorro, New Mexico

Photos

1/25

2/25

3/25

4/25

5/25

6/25

7/25

8/25

9/25

10/25

11/25

12/25

13/25

14/25

15/25

16/25

17/25

18/25

19/25

20/25

21/25

22/25

23/25

24/25

25/25

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!Selling $800,000Appraisal $1,200.000Repairs $190,000Equity $300,000Total Current RevenueMonthly $10,450Annual $125,400Repairs to plumbing $30,000Roof $100,000Heating/Cooling $60,000Total in repairs $190,000 Back to listing