Log In/Sign Up
Your email has been sent.
Midtown Inn & Suites 215 E 3rd St 24 Room Hotel La Junta, CO 81050 $770,000 ($32,083/Room) 17.53% Cap Rate
INVESTMENT HIGHLIGHTS
- Many attractions in town draw people to this destination, as well as the through traffic from Kansas to Denver and vice versa.
- Spacious guest rooms with additional seating and large closet
- Welcoming separate building has front office, cafeteria, 3 bedroom managers apartment and main laundry.
- Excellent location and well maintained hotel known for convenience and comfort.
- Opportunity zone
- Easy access to HWY 50 and the distance from the rail tract make this motel quieter than the competitors.
EXECUTIVE SUMMARY
Although the 2025 revenue is performing well, it is slightly better than in 2024, the price has been adjusted for a quick sale. 25-room Midtown Inn and Suites provides a quiet and relaxing atmosphere. Its convenience and clean rooms make it the most preferred motel in La Junta.
The City of La Junta has many attractions that draw many visitors; Otero College, other school events, museums, canyonlands, historic sites, and various businesses attract many travelers to this charming city. Famous activities such as hunting (6,715 acres of hunting land), fishing, camping, and golfing near the Arkansas River also bring customers to the site. It is famous for being North America's largest dinosaur track site and 70's western movie site.
The spacious rooms each have a coffee maker, refrigerator, and microwave. Designed for easy maintenance, the hotel also has a welcoming front desk, cafeteria, guest laundry, a landscaped yard with an outside seating area, and a 3-bedroom manager's apartment. The first commercial-grade flat membrane roof has a transferable warranty.
Room configurations:
2 units- one King bed, 10 units -two beds, and 12 units - one bed,
3-bedroom manager quarter
Guest laundry
Cafeteria with licensed and commercial kitchen - this income has not been included in the room revenue.
Must see!!!
The City of La Junta has many attractions that draw many visitors; Otero College, other school events, museums, canyonlands, historic sites, and various businesses attract many travelers to this charming city. Famous activities such as hunting (6,715 acres of hunting land), fishing, camping, and golfing near the Arkansas River also bring customers to the site. It is famous for being North America's largest dinosaur track site and 70's western movie site.
The spacious rooms each have a coffee maker, refrigerator, and microwave. Designed for easy maintenance, the hotel also has a welcoming front desk, cafeteria, guest laundry, a landscaped yard with an outside seating area, and a 3-bedroom manager's apartment. The first commercial-grade flat membrane roof has a transferable warranty.
Room configurations:
2 units- one King bed, 10 units -two beds, and 12 units - one bed,
3-bedroom manager quarter
Guest laundry
Cafeteria with licensed and commercial kitchen - this income has not been included in the room revenue.
Must see!!!
PROPERTY FACTS
AMENITIES
- Public Access Wifi
- Smoke-Free
- Fiber Optic Internet
- Smoke Detector
1 1
PROPERTY TAXES
| Parcel Number | 4643-023-14009 | Improvements Assessment | $24,202 |
| Land Assessment | $3,895 | Total Assessment | $28,097 |
PROPERTY TAXES
Parcel Number
4643-023-14009
Land Assessment
$3,895
Improvements Assessment
$24,202
Total Assessment
$28,097
1 of 20
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Midtown Inn & Suites | 215 E 3rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.