
16 May Charming Santa Fe Boutique Hotel for Sale
Price: $2,295,000
Location: Santa Fe & North Central Region, New Mexico
Industry: Hospitality
Listing ID: Boutique Hotel
This a rare opportunity to own a boutique 11-plus room hotel an easy walk from the historic Plaza. This well-maintained, purpose-built inn provides a charming, spotless, and quiet home-away-from home. It has been welcoming guests since the early 1990s and daily strives to maintain its excellent reputation.
The guest rooms feature authentic Santa Fe detailing, hand-crafted furniture and other amenities. The higher-priced rooms feature additional luxuries. Indoor and outdoor common areas provide guests with additional space to relax and unwind.
This hospitality property enjoys close to 100% occupancy from mid-May until late September and is a favorite destination for skiers and legislators over the winter months. Management took advantage of the 2020-21 travel restrictions to upgrade many of the rooms. The roof was thoroughly inspected in 2022, and new HVAC/boiler systems were recently installed.
The current owner reviews the financials, while a capable, long-term manager oversees the staff, marketing and operations. Selective in its hiring practices, most staff stay with the hotel for five years or longer.
Just a short walk from the Plaza and numerous shops, galleries and restaurants, this boutique hotel provides a charming and comfortable base for exploring all that Santa Fe has to offer.
Listing Details
FFE: $375,000 (Included in Price)
Real Estate:$2,200,000 (Included in Price)
Reason For Sale:
Health considerations.
Training & Support:
New owners will enjoy ongoing support from the general manager. The Seller will provide remote assistance, details to be negotiated.
Operation
Employees: 2 FT, 5 PT
Managers: 1
Absentee Owner?: Yes
Location
Facilities Information:
Details to be provided upon receipt of an NDA and Confidential Buyer Profile.
Summary
Competition:
Downtown Santa Fe has a robust network of smaller hotels and B&Bs, which have developed a cooperative working relationship to accommodate the regular influx of tourists.
Potential Growth:
New owners can explore ways to increase bookings over the slower months. Other opportunities can be discussed upon receipt of an NDA and Confidential Buyer Profile.

Michael Greene
info@samgoldenberg.com
505-820-0163
Address:
126 E. De Vargas Street, Santa Fe NM 87501