Betty Houston - Coldwell Banker Legacy
10 Falls Creek Rd
Chama, NM 87520

Description

Brazos Lodge is a very popular cabin rental property in the picturesque Rio Brazos river valley, just below the Brazos Cliffs and steps away from the trout-filled Rio Brazos. The property has a Chama, NM address and is about a 20 minute drive to downtown Chama. The 2+ acre property features 4 rental cabins which offer the feeling of rustic mountain living but in a very well-maintained set of buildings. The 4 cabins vary from one bedroom 1 bathroom to two bedroom and two bathroom. The property has a main lodge, with a large lobby, kitchen and dining area, and a well-stocked store filled with all of the supplies a guest could need for a great mountain vacation. The retreat also features a nostalgic 1960's era mobile home which has been very well preserved and can be another rental option or a residence for a caretaker. This mobile home has been encompassed in a structure providing overhead shelter and a wooden porch the length of the home. The charming structure is a delight for many with it's wooden interior and working vintage appointments. The property has a very long track record of positive cash flow and multiple revenue streams. There are also property management contracts for surrounding rental properties that can be conveyed with the purchase as well. These would be subject to negotiation and the buyer's ability to perform the property management duties. These contracts bring a robust and dependable revenue stream to the owners as well.

Details

MLS#201803224
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site134

Features

Story(s)NA

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Area Information

StateNM
CountyRio Arriba
CityChama
Zip Code87520
Area41-Chama
Elementary SchoolUnknown
Middle SchoolUnknown
High SchoolUnknown
Listing VS Median (in 87520)
Price:
$875,000
low | high
Med:
$84,900
100% of Average
On Site:
134
low | high
Med:
1019
13.15014720314% of Average
Listing Updated: 11/18/2018
MLS Number: 201803224
Listing Provided By:
Travis Driscoll  of  Galles Properties