10301 Santa Fe Trail Dr
Trinidad, CO 81082
Tower 64 Motel · Hospitality Property For Sale · 8,488 SF

** CALL FOR OFFERS DATE: OCTOBER 22ND ** The Tower 64 Motel & RV Park includes 26 rooms and 29 RV spaces. The property has an excellent location on Interstate 25 which is heavily traveled by visitors coming to/from Colorado. The business is highly profitable, and with new a state park opening in the area there is opportunity to further grow the business. After acquiring the property in 2014, the owners have made many improvements to grow the operation into a strong business: All guestrooms have been rooms have been remodeled and updated with new furniture, carpet and flat screen TVs. The RV Park was expanded (9 RV spots added in 2018 and 9 more added in 2019). New website and improved online marketing have brought additional reservations. As an independent hotel, the business saves on franchise fees and benefits from low operating costs. It is able to compete favorably with neighboring franchised hotels that charge a much higher rate. With 26 rooms the hotel operation has minimal staffing needs, and the RV park provides an additional stream of business with minimal added cost. Colorado just announced they will be creating a brand new state park, Fisher's Peak, in Trinidad, bringing additional demand to the area. The RV park is well-positioned to benefit from this development. https://pueblopulp.com/colorados-newest-state-park-will-add-to-trinidads-growing-momentum-las-animas-county-fishers-peak/ The motel and RV park are on a 3.4 AC (+/-) parcel with additional opportunity to expand the RV park. The owner is absentee and is looking to transition into another business venture closer to their home in Denver. Please contact us if you have further interest in this opportunity. DO NOT CONTACT THE HOTEL OR SPEAK WITH THE STAFF.