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1415 Grand Ave
Norwood, CO 81423
Norwood Inn · Hospitality Property For Sale
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13 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 13 |
| Property Subtype | Hotel | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1947/2014 |
| Lot Size | 0.26 AC | Parking Ratio | 2.95/1,000 SF |
| Building Size | 4,074 SF | Corridor | Exterior |
| Zoning | C3 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 4,074 SF |
| No. Rooms | 13 |
| No. Stories | 1 |
| Year Built/Renovated | 1947/2014 |
| Parking Ratio | 2.95/1,000 SF |
| Corridor | Exterior |
| Zoning | C3 |
ABOUT 1415 GRAND AVE , NORWOOD, CO 81423
Here is a great opportunity to purchase a well established Motel in a unique Western Colorado ranch town, at a super-low price. The Norwood Inn is now available offering a 14% CAP Rate for an Absentee Owner/Investor! All 12 rooms are equipped with kitchen and bath and have been well maintained over recent years. Owner/Manager unit is adjacent to the office/front desk area. The Inn is in a prime downtown location with plenty of off street parking, and close proximity to restaurants and a grocery store. Regular guests include business travelers and contractors, (who typically are extended stay), as well as tourists, hunters, skiers, and other outdoor enthusiasts. Telluride Ski & Golf Resort is just 45 minutes away with Shuttle service stop directly in front of Motel. This Property will not last long at this price! Find the Motel website for additional details and photos.
PROPERTY TAXES
| Parcel Number | 201-0020575 | Improvements Assessment | $91,420 |
| Land Assessment | $20,320 | Total Assessment | $111,740 |
PROPERTY TAXES
