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93 Catwalk

3,000 SF Specialty Building Offered at $1,390,000 in Glenwood, NM 88039

Investment Highlights

  • Google 4.9 rating with over 300 reviews
  • HQ Casita may be used as on-site owner ressidence
  • Air BnB Superhost

Executive Summary

10%+ captialization rate. We can provide 3 years of taxes which demonstrate continued growth.

Taxes & Operating Expenses (Actual - 2023)

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2023)

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $202,000
Annual Per SF $67.33

Property Facts

Price $1,390,000
Price Per SF $463
Sale Type Owner User
Sale Conditions Business Value Included
Property Type Specialty
Property Subtype Trailer/Camper Park
Lot Size 12.50 AC
Building Size 3,000 SF
No. Stories 1
Year Built/Renovated 1901/2023
Parking Ratio 10/1,000 SF
Cross Streets US 180

About 93 Catwalk , Glenwood, NM 88039

THE DOUBLE T CATWALK RESORT OFFERS 8 GUEST CASITAS AND 6 RV SPACES CLOSE TO THE GLENWOOD CATWALK. NESTELD NEAR THE GILA NATIONAL FOREST AND ONLY A 5 MINUTE DRIVE TO THE CATWALK. A DESTINATION WHICH HAS 3000-4000 VEHICLES PER SUMMER WEEKEND. CASITAS 1 & 2 ARE 2 BEDROOM & 1 BATH & KITCHEN AND ARE IDENTICAL. CASITAS 3 & 4 ARE STUDIO 2 BEDS & 1 BATH & KITCHEN, ALSO IDENTICAL. CASITAS 4 & 5 ARE STUDIO 2 BEDS & 1 BATH & KITCHENETTE, ALSO IDENTICAL. CASITA 7 IS A STUDIO 1 BED & 1 BATH & KITCHEN NESTELD ON A HILL. CASITA 8 IS THE ORIGINAL ADOBE HOME BUILT IN 1901, 2 BEDROOMS & 1 BATH &KITCHEN (POTENTIAL OWNER HOME?) THIS THRIVING BUSINESS PROVIDES AN OPPORTUNTY TO OWN A PIECE OF HISTORY AS WELL. THE ORIGINAL HQ CASITA WAS BUILT IN 1901 AND HAS BEEN IN THE FAMILY EVER SINCE. ALL CABINS AND GROUNDS HAVE BEEN EXQUISITELY MAINTAINED. AN ABSOLUTE CHARMING VENUE THAT PROVIDES GUESTS WITH A UNIQUE NEW MEXICO EXPERIENCE. AIR BnB SUPERHOST !! GOOGLE 4.9 STAR RATING WITH 307 REVIEWS, (CHECK IT OUT). DARK SKY AREA. PLENTYOF HIKING, BIKING & EXPLORING. PER 2023 TAXES $203,461 INCOME AND $61,577 EXPENSES - $141,884 IN NET OPERATING INCOME. THIS PROVIDES A 10%+ CAPITALIZATION RATE. CASH OR CONVENTIONAL SALE ONLY - NO SELLER FINANCING.

  • Listing ID: 33521880

  • Date on Market: 10/15/2024

  • Last Updated:

  • Address: 93 Catwalk, Glenwood, NM 88039

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