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- LoopNet Team
1417 E Main St
Montrose, CO 81401
Days Inn by Wyndham Montrose · Hospitality Property For Sale
·
27,309 SF
INVESTMENT HIGHLIGHTS
- Absentee Ownership Provides Operational Upside for Hands-On Operators
- Surrounded by Nationally Acclaimed Retailers, Restaurants, and Entertainment Amenities
- 2021 RevPAR Penetration Index of 117 Percent and Three-Year RPI Average of 116 Percent (2019-2021)
- Highly Visible and Easily Accessible from Highway 50 (Main Street) and 550 (San Juan Avenue)
- Multitude of Business Headquarters Including Ross Reels, Abel Reels, Airflo USA, Scott Fly Rods, Avient-Gordon Composites, and Colorado Yurt Company
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1970/2008 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Lot Size | 1.88 AC | Corridor | Exterior |
| Building Size | 27,309 SF | ||
| Zoning | B2 Highway Commerical | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.88 AC |
| Building Size | 27,309 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2008 |
| 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 Hotel is a limited-service, exterior corridor hotel with guest amenities such as laundry facilities, an outdoor pool with barbeque grills, a business center, and parking for buses, trucks, and RVs. The Hotel is well-located along Main Street (Highway 50) only 1.2 miles from Montrose Regional Airport (nine direct flights including Denver, Los Angeles, Dallas/Fort Worth, and Phoenix) and within an Opportunity Zone, which provides 1031 exchange investors tax incentives to defer, reduce and potentially eliminate their unrealized capital gains.
PROPERTY TAXES
| Parcel Number | R0021585 | Improvements Assessment | $561,470 |
| Land Assessment | $130,370 | Total Assessment | $691,840 |
PROPERTY TAXES
