Active For Sale Hospitality

Elkhorn Lodge-36 Units, Huge Potential!

2663 US-84, Chama, NM, 87520

ID 1d4a4cab

Overview

Welcome to paradise, set on 8.5± wooded acres where the Rio Chama runs along the Western boundary, the Elkhorn Lodge is one of the most distinctive riverfront properties in Northern New Mexico and one of the only lodging properties in the Chama Valley with direct river frontage.Established in 1951 and operating continuously ever since, the lodge has been a fixture of the Chama Valley for seventy-five years, serving generations of travelers as both a mountain retreat and a community gathering place. It sits at the southern gateway to Chama Village on US Highway 84. The first lodging property every visitor passes on the way into town, complete with a classic ranch-style entrance, mature cottonwoods and pines shading grass-covered grounds, and open views to the Cumbres Mountains to the North. The property is operational today and under professional management, offering a new owner a running business rather than a project.The offering includes 36 accommodation units across three distinct product types: 22 motel-style rooms with private baths and private porches, 12 individually themed country cabins with full kitchens sleeping two to ten guests, and two seasonal units. Complemented by a full-hookup RV site and eight dry campsites. Guests enjoy a covered events pavilion, a riverfront fire pit, two horse corrals, a dog-friendly river trail, a children's play area, barbecue grills, and trout fishing steps from the door. A 1,200± square-foot two-bedroom owner's/manager's quarters allows an owner-operator to live on site.The location is the property's quiet advantage. The Cumbres & Toltec Scenic Railroad, a National Historic Landmark and one of the last surviving narrow-gauge steam railroads in America is only 2.7 miles away. Sargent Wildlife Management Area is 3.8 miles, Heron Lake State Park is just up the road, and Ghost Ranch and Georgia O'Keeffe's Abiquiú country lie 43 miles South. Three national forests, blue-ribbon trout water, and some of New Mexico's best elk and mule deer country surround the valley. That mix draws four distinct groups of travelers anglers, hunters, outdoor recreation visitors, and cultural travelers all on top of the railroad's national following, giving the valley unusually well-rounded demand for a town its size. "Frommer's" Travel Guide has called Chama "New Mexico's undiscovered Durango — without the masses."Seventy-five years of history, an irreplaceable riverfront setting, and real room for a new owner to leave their mark. Rare opportunity with huge growth potential. Call or email us for more info…….Steve Grant - 505-238-0308

Additional Information

City
Chama
State
NM
Zip Code
87520
Primary Uses
Hospitality
Secondary Uses
Recreation Cabins
Zoning
Hospitality
Zoning Description
Rural Agricultural-Commercial-Hospitality
Building Name
Elkhorn Lodge
Building Class
C
Floors
1
Year Built
1,951
Minimum Ceiling Height
8
Name of Establishment
Elkhorn Lodge
Average Occupancy Rate
30%