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1417 E Main St
Montrose, CO 81401
Days Inn by Wyndham Montrose · Hospitality Property For Sale · 27,309 SF

INVESTMENT HIGHLIGHTS

  • Prime location on main thoroughway HWY 50
  • Spacious rooms with modern conveniences
  • 2 Bdrm Manager's Apartment
  • Close to the newest and largest EVENT CENTER on Western Slope
  • Outdoor pool, BBQ area
  • Guest Laundry

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 1.88 AC
Building Size 27,309 SF
No. Stories 2
Year Built/Renovated 1970/2018
Parking Ratio 1.5/1,000 SF
Corridor Exterior
Zoning B2 Highway Commerical

AMENITIES

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

ABOUT 1417 E MAIN ST , MONTROSE, CO 81401

The Days Inn is located on the western slope of Colorado and in the city of Montrose; which is a central hub in western Colorado in the upper Uncompahgre Valley and is an economic, labor, and transportation waypoint for the surrounding recreation industry. Tourist and recreation opportunities are important to the regional economy and Montrose is a gateway to the Black Canyon of the Gunnison National Park and in the winter it is a transportation hub for ski areas of the San Juan Mountains. The Property offers direct frontage on E Main Street aka US 50 which runs east-west, crossing 12 states and connecting Montrose to Grand Junction, Gunnison and Pueblo. The Hotel is positioned in the center of town near the heavily trafficked intersection of E Main Street and Cedar Ave. The Days Inn by Wyndham is walking distance from the newly constructed Montrose County Event Center (the largest between Denver and Salt Lake). The Hotel is strategically located near the Montrose Regional Airport (±2.5 miles), which is the fastest growing airport in western Colorado for the past three years and serves the Montrose area with regional service to Denver. As the nearest major airport to the Telluride Ski Area, Montrose sees heavy seasonal service. Additionally, the Hotel is located near several leisure demand generators including Black Canyon National Park (±12 miles), Telluride Ski Resort (±1.5 hrs), and the Uncompaghre, Gunnison, and Grand Mesa National Forests. The acquisition of the Days Inn by Wyndham represents an attractive opportunity to acquire a hospitality asset with significant upside. This motel investment opportunity presents a new owner the opportunity to acquire a cash flowing asset that is being sold at a price below replacement cost. An investor, looking to act as an owner-operator, can maximize profits through a reduction in expenses for the property. This motel offers a new investor significant upside potential by focusing to increase the motels' operational efficiency. © 2019 Motel Man, LLC. All information on this site has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of any property you are interested in to determine to your satisfaction and suitability of the property for your needs. Motel Man LLC and the Motel Man logo are service marks of Motel Man LLC. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of Motel Man LLC. Photos provided for properties listed by Motel Man belong to their respective owners and use of these images without the express written consent of the owner is prohibited.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0021585
Land Assessment
$130,370
Improvements Assessment
$561,470
Total Assessment
$691,840
  • Listing ID: 19243862

  • Date on Market: 4/16/2020

  • Last Updated:

  • Address: 1417 E Main St, Montrose, CO 81401

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