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Coachlite Motel 808 Caribou St 8 Room Hotel Simla, CO 80835 $625,000 ($78,125/Room)

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INVESTMENT HIGHLIGHTS

  • Sits on Hwy 24 between Limon and Colorado Springs
  • 1 of 2 hotel between Colorado Springs and Limon
  • High Traffic

EXECUTIVE SUMMARY

Great opportunity for multiple income sources in 1 property. 8 room hotel sitting between Colorado Springs and Limon on busy Hwy 24. Property sits right on the Highway. Newly renovated including electronic door codes for easy access and security. Property also has 3 bedroom 2 bath home with what could be as main home with office or the property has been used as a rental. In addition to the house and 8 private guest rooms the property has laundry area with multiple washers and dryers. 2 different secure rooms for cleaners and maintenance. Plenty of parking, Plenty of space, and a website for hotel that includes booking and pay app.

PROPERTY FACTS

Price $625,000
Price Per Room $78,125
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.28 AC
Building Size 4,407 SF
No. Rooms 8
No. Stories 1
Year Built/Renovated 1979/2022
Parking Ratio 3.63/1,000 SF
Corridor Exterior
Zoning S

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 8 $85.00 -
  • Listing ID: 37828330

  • Date on Market: 9/25/2025

  • Last Updated:

  • Address: 808 Caribou St, Simla, CO 80835

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