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Limon Motel 514 Main St 29 Room Hotel Limon, CO 80828 $1,090,000 ($37,586/Room)

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EXECUTIVE SUMMARY

Room 29 Units with manager's Living Quarters, and profitable income property, very good cash flow, It has a strong potential. maintained independent local motel for sale, The subject property is situated at center of City of Limon. 41,400 Sq Ft Lot Size, 9,088 Building Size, Property Tax only $9,574.00(2022).

PROPERTY FACTS

Price $1,090,000
Price Per Room $37,586
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.95 AC
Building Size 10,562 SF
No. Rooms 29
No. Stories 1
Year Built/Renovated 1930/2018
Parking Ratio 2.94/1,000 SF
Corridor Exterior
Opportunity Zone Yes

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 4 $77.00 -
Guest Room 25 $77.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
258517418004
Land Assessment
$5,817
Improvements Assessment
$1,002
Total Assessment
$6,819
  • Listing ID: 29456003

  • Date on Market: 9/6/2023

  • Last Updated:

  • Address: 514 Main St, Limon, CO 80828

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