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223 Santa Fe Ave
Alamosa, CO 81101
Days Inn Alamosa · Hospitality Property For Sale
·
32 Rooms
Investment Highlights
- Excellent location in Alamosa with highway exposure and high traffic counts
- Excellent opportunity for first time hospitality investor or owner user
- Popular Wyndham franchise affiliation
- Growing tourist market with close proxiity to Great Sand Dunes, La Veta Pass and Wolf Creek ski area
- Upside income potential from on site owner/operator vs. current absentee ownership
- Expansion potential from adjacent 0.83 acres for future hotel or apartment use. Potential to convert the hotel in to apartment use
Executive Summary
Opportunity for an owner operator or investor to own a budget friendly franchise hotel in a growing tourist market in southern Colorado. Close to recreational opportunities including the Great Sand Dunes National Park, La Veta Pass, and Wolf Creek ski area. Located on busy U.S. Highway 160, with good traffic counts. The price point is attractive for
an entry level operator. There is expansion potential, as there is more than three quarters of an acre of surplus land included in the price. Possible conversion to apartments if desired
an entry level operator. There is expansion potential, as there is more than three quarters of an acre of surplus land included in the price. Possible conversion to apartments if desired
Property Facts
| Price Per Room | $46,875 | Building Size | 13,416 SF |
| Sale Type | Investment | No. Rooms | 32 |
| Cap Rate | 9.59% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1986 |
| Property Subtype | Hotel | Parking Ratio | 2.46/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.19 AC | Opportunity Zone |
Yes
|
| Zoning | Commercial-N/A - A full range of retail sales, commercial services, office, hotel, warehouse, manufacturing, multifamily by special use | ||
| Price Per Room | $46,875 |
| Sale Type | Investment |
| Cap Rate | 9.59% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.19 AC |
| Building Size | 13,416 SF |
| No. Rooms | 32 |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.46/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | Commercial-N/A - A full range of retail sales, commercial services, office, hotel, warehouse, manufacturing, multifamily by special use |
Amenities
- Business Center
- Fitness Center
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 32 | $100.00 | - |
Property Taxes
| Parcel Number | 541302317024 | Improvements Assessment | $174,553 |
| Land Assessment | $38,980 | Total Assessment | $213,533 |
Property Taxes
Parcel Number
541302317024
Land Assessment
$38,980
Improvements Assessment
$174,553
Total Assessment
$213,533
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