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- LoopNet Team
505 E Main St
Cortez, CO 81321
Super 8 Motel - PRICE REDUCTION · Hospitality Property For Sale
·
20,493 SF
PROPERTY FACTS
AMENITIES
- Business Center
- Wheelchair Accessible
- Public Access Wifi
- Smoke-Free
ABOUT 505 E MAIN ST , CORTEZ, CO 81321
SELLER MOTIVATED - PRICE REDUCTION!!!! 2017 Room Revenue (w/o tax) - $814,013, ADR - $63.38, Occupancy - 68.57% 2016 Room Revenue (w/o tax) - $481,766, ADR - $57.19, Occupancy - 46.38% 2015 Room Revenue (w/o tax) - $779,383, ADR - $60.78, Occupancy - 66.23% 2014 Room Revenue (w/o tax) - $746,049, ADR $60.87, Occupancy - 61.81% This well maintained hotel is located in the southwestern Colorado town of Cortez, one of America's richest archaeological centers and lies only miles from the world famous Mesa Verde National Park and the gateway to many things. Cortez is 6,191 feet above sea level, has four seasons with aired climate, over 25 schools ranging from Day Cares, Pre K, K-5, middle school, high school, charter schools, private schools, faith based schools and SouthWest Community College. Cortez also has a municipal airport that serves both commercial and private planes. It doesn't get any better than this. Own/work/play - if you're a smart entrepreneur, seize the moment with this great property.
PROPERTY TAXES
| Parcel Number | R009975 | Improvements Assessment | $248,305 |
| Land Assessment | $77,830 | Total Assessment | $326,135 |
PROPERTY TAXES
