Historic Plaza Hotel | Las Vegas, NM
The Plaza Hotel
Deal Type: Acquisition
Risk Profiles: Core
Property Types: Hotel & Hospitality
INVESTMENT SUMMARY
Cushman & Wakefield has been exclusively retained to offer for sale the fee-simple interest in the 68-room Plaza Hotel.
The Las Vegas Plaza Hotel is located adjacent to one of the most beautiful city parks in the Southwest and is home to many regional concerts and celebrations. This beautiful historic property is consistently rated one of the most famous in the Southwest, from the era when Las Vegas was the biggest and richest city in New Mexico. The area around the Plaza Hotel has had many recent improvements, including newly paved streets, city infrastructure, new parking, wayfinding signage, and several nearby restorations.
Asking Price: $4,500,000
Historic Hotel – The Plaza (1882) has presided in Victorian splendor over beautiful Plaza Park in Las Vegas NM for 140 years. The Plaza Hotel is so picturesque that it has been featured in film for 100 years, from Tom Mix and Easy Rider to Longmire and No Country For Old Men.
Fully Modernized – The Property is fully modernized, with new or updated mechanical systems, elevators, laundry rooms, reservation/front desk equipment, security cameras and IT and more.
One-of-a-Kind Opportunity – The Hotel was built in the late 1800’s and registered on the National Register of Historic places. The hotel is rich in history and some of the most famous in the entire Southwest. The Hotel has been featured in many Hollywood films over the last 100 years. The Property is filled with hundreds of beautiful antiques and historical artifacts that will transfer to new ownership.
CONTACT US
Bub Bergstrom
Senior Associate
Cushman & Wakefield
(602) 224-4427
Mike Montoya
Director
Cushman & Wakefield
(480) 225-2594
Aly Murney
Associate
Cushman & Wakefield
(602) 819-0894
Brett Preston, SIOR, CCIM
Managing Partner
Cushman & Wakefield
(915) 843-8889