Hotel & Motel Property For Sale - Country Host Motel & RV Park

553 Hwy 85 & 87, Walsenburg, CO, 81089

 
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Country Host Motel & RV Park

 

553 Hwy 85 & 87

Walsenburg, Colorado 81089
County: Huerfano
 
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  For Sale Active  
Property Use Type:Vacant/Owner-User
Type:Hotel & Motel
Economy/Limited Service
No. Rooms:17
Building Size:5,000 SF
Lot Size:4.70 Acres
Price:$395,000
Price/Room:$23,235
Year Built:1955
Date Last Verified:11/10/2008
Property ID:14012369
 
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 Additional Information 

Property 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.

Location Description:
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.

No. Stories:1Commission Split:2.5%
Average Daily Rate:$52
 Highlights 
Great location, On the way to the Great Sand Dunes, Room to expandEasy to operate, with many possibilities for increased revenue.
 
2007 Gross Revenue $148,034, Net to owner was $43,508 after $19,277 for mngrSo, owner/operator could have recieved 43508 + 19277 = 62,785 plus payroll tax
 
This is a little money maker. And could even do alot better!  
9/15/2004
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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.
 
 

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