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Browse More Listings in Hotel & Motel For Sale, Walsenburg, CO or Colorado

Hotel / Motel For Sale

Country Host Motel & RV Park

553 Hwy 85 & 87, Walsenburg, CO 81089

Price:
$325,000
No. Rooms:
17
Building Size:
5,000 SF
Price/Room:
$19,117.65
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Vacant/Owner-User
Commission Split:
2.5%
Average Daily Rate:
$52
No. Stories:
1
Year Built:
1955
Lot Size:
4.70 AC
Find Out More...

Last Verified 10/26/2009 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)

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Presented by

Stener & Company Realty

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Contact Listing Broker

Stener Carlson III (970) 669-4503

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Created 9/15/2004

Additional Information for 553 Us Highway 85 87, Walsenburg, CO 81089

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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

553 Hwy 85 & 87, Walsenburg, CO, 81089