The historic La Mesa Motel in Santa Rosa, New Mexico, was recently put on the market for $500,000.
Albuquerque Business First (subscription required) reported that the longtime owners, which have operated the property for over 60 years, wish to retire.
The La Mesa is listed on the LoopNet and SunVista websites. This is what SunVista stated about the motel:
Located along Historic Route 66 in Santa Rosa, New Mexico, this ±5,611 SF motel features 17 guest rooms. The property offers excellent visibility and easy access from I-40, attracting both travelers and long-term guests, including construction and wind-energy workers. With upgraded systems, strong traffic exposure, this is an ideal opportunity for an owner-operator or investor seeking a well-maintained hospitality asset on the iconic Route 66. […]
The property features a combination of adobe and cinder block construction, reflecting its historic Route 66 character while maintaining lasting durability. The main electrical service has been upgraded within the last seven years and includes three panels with 120/240 volts, single-phase power, supporting modern usage and guest amenities. The plumbing system is in excellent condition, with multiple cleanouts and service access points located along the west side of the building. The property is served by two propane water heaters, ensuring reliable hot water capacity for guest operations. Roofs include both propanol (on the original adobe structure) and shingle (on the cinder block addition), providing a well-maintained and functional blend of old and new construction.
La Mesa also gets terrific reviews from customers on Google and TripAdvisor, which means the current owners have kept it up nicely.
Route 66 Times reports the motel was built in the mid-1940s as an eight-room property. It was expanded in the early 1960s.
(Image of the La Mesa Motel in Santa Rosa, New Mexico, from Loopnet listing)