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Lodge for sale in Chama, New Mexico
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Scoggin Blue Hotel Brokers

Lodge for Sale in New Mexico
Reduced Price


The lodge is located on the banks of the Rio Chama where blue ribbon trout fishing awaits. The Elkhorn Lodge in Chama, New Mexico has been host to thousands of visitors worldwide for 50 years.

Lodge for sale in New Mexico

View of lodge for sale

Elkhorn Lodge features 22 spacious motel rooms, all equipped with Cable TV, in-room telephones, and full baths.

It also offers 11 country cabins with fully equipped kitchens, free WiFi Internet, Cable TV and telephone. Each cabin has its own porch for relaxing.


Situated on approximately 8 acres of fee simple land (owned).

In 2005 and 2007 the owners upgraded cabins and motel units, added a Pavilion/kitchen/bath for customer use and an enclosed Jacuzzi unit.

The cabins accommodate from two to ten people and are excellent for small groups and families.

The sale includes a full size mobile home on the property

River at lodge

Guest Kitchen

The original lodge was built in 1950 and is ideally situated on the main highway leading into Chama.


Top 10 Demand Generators:

  1. Cumbres & Toltec Scenic Railroad
  2. Family Reunions/Group Gatherings
  3. Summer vacationers(Circle Drive tours include N. NM & S. CO)
  4. Bicycle/Motorcycle Groups
  5. Mixed outdoor enthusiasts/Photographers/Artists/Writers
  6. Hunters
  7. Fishing/Boating on area lakes/rivers
  8. Construction workers
  9. Winter sports enthusiasts (X-Skiing, Snowmobiling)
  10. Other, (business, leisure, family)
Lodge Guest Room

Financial Summary
Reduced Price $1,100,000 CASH    
Number of Units 34 consisting of 22 Guestrooms And 11 Cabins And 1 mobile home
       
    2011  2010 2009

January

 

 

 

February

 

 

 

March

 

 

 

April

 

 

 

May

9,233

9,900

15,185

June

22,884

20,504

33,916

July

41,010

41,485

51,290

August

33,440

31,429

41,461

September

39,711

32,235

42,283

October

30,267

31,327

35,320

November

10,395

8,601

9,231

December

3,294

7,139

6,889

 

 

 

 

Total

190,234

182,620

235,575

Note:

  1. Began closing lodge Jan-Apr in 2009.
  2. 2008 was last normal season.
  3. 2009 general economy was down.
  4. 2010 Train trestle fire in June 2010 had significant negative impact on Chama. This downturn was reflective of entire town of Chama.
  5. 2011 Train scheduled to return to normal schedule. This should bring revenues back up.

Confidentiality Notice

The Owner is very sensitive to the disruption of the Property.
PLEASE DO NOT contact the property or its employees without prior arrangements with Scoggin Blue LLC.


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