Travelors Lodge Motel & RV Park 609 E 15th St S 40 Room Hotel Eads, CO 81036 $575,000 ($14,375/Room)

Motel Property: Travelors Lodge, Eads, CO
Positioned advantageously alongside the bustling US Highway 287 in the town of Eads, sits this 40-room Travelors Lodge. Boasting 40 guest rooms, all equipped with modern electronic key card locks and individual thru-wall A/C units, this establishment ensures secure and comfortable accommodation. Renovations have been made to roughly 20 rooms in the last 2 years including: plumbing, finishing and furnishing. Which have been revamped with, fresh paint, new furniture, and updated linens and decor. The remaining rooms continue to be a value-add and are currently unused.
The Seller has just did an extensive upgrade on plumbing, finishing and furnishing. As the building continues to be renovated the price may increase as well,Included in the property are two fully furnished living quarters, configured as a duplex, designed to accommodate managerial staff. This inclusion provides potential owners the benefit of onsite management and reduced staffing costs.
Two additional sources of revenue have been onsite UHAUL and eight (8) RV hookups. The exceptionally large lot allows for ample parking and space to accommodate these extra streams of income. The property is being sold "as-is'. Interested parties are encouraged to seize this unique opportunity to own a piece of the thriving Ports to Plains Corridor's hospitality scene. There is significant value add to this property through owner investment, the CobbleStone Inn sold for $2.5 million in 2023.
Seller Financing available with large amount down, please reach out to listing agents to inquire about details. No financials available. Cash Only.
Contact us to schedule a property tour.