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10301 Santa Fe Trail Dr
Trinidad, CO 81082
Tower 64 Motel · Hospitality Property For Sale
·
8,488 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1955/2017 |
| Building Class | C | Parking Ratio | 3.42/1,000 SF |
| Lot Size | 3.40 AC | Corridor | Exterior |
| Building Size | 8,488 SF | ||
| Zoning | Commercial - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.40 AC |
| Building Size | 8,488 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1955/2017 |
| Parking Ratio | 3.42/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial - Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ABOUT 10301 SANTA FE TRAIL DR , TRINIDAD, CO 81082
PROPERTY OVERVIEW Opportunity to purchase a 26 unit Independent Motel with current 20 site RV park with potential to expand. Major infrastructure already in place. Tremendous growth year over year with phenomenal NOI due to owners renovations and designated Marijuana friendly accommodations. 90% of the business is driven by walk ins or booked through private online/ mobile websites saving you outside booking commissions. LOCATION OVERVIEW Located just off of I25 with easy access, this prime site is visible for miles thanks to the old fire tower originally built by the Army Corp of Engineers in the early 30's. Trinidad's location at the foot of Raton Pass, along the Santa Fe Trail between St. Joseph, Missouri, and Santa Fe, New Mexico, has always made it a favored route for travelers, first by foot, then horse and ox-drawn wagon, then by railroad. Today, Interstate 25, the most highly traveled route between Colorado and New Mexico, passes through Trinidad. Note* Property Data is based off of 25 Keys currently in the nightly rental market for 2017. The 26th unit is now open as of Mar 31, 2018.
PROPERTY TAXES
| Parcel Number | 10877000 | Improvements Assessment | $80,270 |
| Land Assessment | $70,520 | Total Assessment | $150,790 |
PROPERTY TAXES
