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Limon Motel 514 Main St 29 Room Hotel Limon, CO 80828 $1,090,000 ($37,586/Room)
EXECUTIVE SUMMARY
Room 29 Units with manager's Living Quarters, and profitable income property, very good cash flow, It has a strong potential, Well 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 | Building Size | 10,562 SF |
| Price Per Room | $37,586 | No. Rooms | 29 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1930/2018 |
| Property Subtype | Hotel | Parking Ratio | 2.94/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.95 AC | Opportunity Zone |
Yes
|
| 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 | - |
1 1
PROPERTY TAXES
| Parcel Number | 258517418004 | Improvements Assessment | $1,002 |
| Land Assessment | $5,817 | Total Assessment | $6,819 |
PROPERTY TAXES
Parcel Number
258517418004
Land Assessment
$5,817
Improvements Assessment
$1,002
Total Assessment
$6,819
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Limon Motel | 514 Main St
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