Key Features

• One-of-a-kind opportunity: Both Hotels built in the late 1800’s and registered on the National Register of Historic places. The hotels are rich in history and some of the most famous in the entire Southwest. Teddy Roosevelt hosted his first Rough Riders Reunion at the Castaneda Hotel after it was built and operated by Fred Harvey himself. The Hotels have been featured in many Hollywood films over the last 100 years. Both Properties are filled with hundreds of beautiful antiques and historical artifacts that will transfer to new ownership.
• 2 Property Portfolio: Located within 1 mile of each-other allowing for a single administration management strategy and opportunity to complex.
• Recently Renovated & Modernized: Over $5 Million in Capex including mechanical systems, elevators laundry, IT and security.
• Food & Beverage Upside: Both properties boast amazing spaces for food and beverage including cafe’s, bars, and restaurants. Currently the restaurant in the Plaza is leased out and operated by a third party while the Castaneda which has a state-of -the-art kitchen, is updated and ready for an operator or lessee.
• Meeting Space & Ballrooms: The Plaza Hotel boast some of the most beautiful meeting/event spaces in the entire Southwest.
• Luxurious Owner’s Suite: The 3500 square foot suite is fully renovated and available for owner/operator or management.
• Soft brand opportunities: Unencumbered by brand & management.