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Country Host Motel & RV Park
553 Hwy 85 & 87, Walsenburg, CO 81089
Country Host MOtel
$350,000
17
5,000 SF
$20,588.24
Hotel & Motel
Economy/ Limited Service
Vacant/Owner-User
2.5%
$52
1
1955
4.70 AC
-
Find Out More...
Last Verified 2/7/2012
Listing ID 14012369
Highlights
Great location, On the way to the Great Sand Dunes, Room to expand- Easy to operate, with many possibilities for increased revenue.
- 2007 Gross Revenue $148,034, Net to owner was $43,508 after $19,277 for mngr
- So, owner/operator could have recieved 43508 + 19277 = 62,785 plus payroll tax
- This is a little money maker. And could even do alot better!
Description
17 unit motel and a 17 space RV park. Has a small owner living quarters attached to office. Has a laundromat facility with men and women bathrooms and showers for campers. Restaurant adjacent.
This is a profitable older motel. But, it also has a lot of potential for development. Being a motel may not be it's highest and best use for this location? The area could really use a fast food franchise. And there is plenty of room to expand.
There are 3 major hwys that intersect at this location. It is in southern Colorado on the way to several scenic areas. It is located right on I-25.
Map of 553 Hwy 85 & 87, Walsenburg, CO 81089 (Huerfano County)
Created 9/15/2004
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P