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525 W Rainbow Blvd
Salida, CO 81201
Super 8 · Hospitality Property For Sale
·
38,250 SF

PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1968/2020 |
| Building Class | B | Parking Ratio | 1.57/1,000 SF |
| Lot Size | 1.26 AC | Corridor | Exterior |
| Building Size | 38,250 SF | ||
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.26 AC |
| Building Size | 38,250 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2020 |
| Parking Ratio | 1.57/1,000 SF |
| Corridor | Exterior |
| Zoning | C |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Hot Tub
- Multi-Room Suites
ABOUT 525 W RAINBOW BLVD , SALIDA, CO 81201
The Salida Super 8 motel is a long established, successfully operating hospitality property in Salida, CO. The physical improvements are comprised of 52 exterior corridor guest rooms in four separate buildings, plus a heated year around swimming pool in another building with two outdoor hot tub/spas adjoining. All guest rooms were refitted in the fall of 2013 to conform with Wyndham/Super 8 standards The primary business generator for the Salida Super 8 is tourism attracted to the area for the quaint and artsy historic downtown as well as the plethora of outdoor activities available in the area. This well established property offers a strong history of solid performance in a great market and would make an excellent addition to a portfolio of properties for the investor or a fantastic lifestyle and great return on investment for the owner/operator. The property itself is approximately 1.24 acres, essentially level, located directly on West Rainbow Blvd. (Highway 50) in Salida, CO. US Highway 50 is the main thoroughfare through the town of Salida as well as the main east-west passage through Chaffee County. The property has 204 linear feet of frontage and there are two curb cuts for ingress and egress. The property has excellent visibility from the highway and provides an easily accessible location with unrestricted access to the property. There is telephone, electric service, gas service, town sewer and town water on site.
PROPERTY TAXES
| Parcel Number | R380706400048 | Improvements Assessment | $585,400 |
| Land Assessment | $178,930 | Total Assessment | $764,330 |
PROPERTY TAXES
Listing ID: 3752999
Date on Market: 9/24/2016
Last Updated:
Address: 525 W Rainbow Blvd, Salida, CO 81201
The Hospitality Property at 525 W Rainbow Blvd, Salida, CO 81201 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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