This Hospitality Property is no longer advertised on LoopNet.com.

937 US Highway 24
Limon, CO 80828
Super Motel Limon · Hospitality Property For Sale · 12,306 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 2.67 AC
Building Size 12,306 SF
No. Stories 2
Year Built/Renovated 1981/2017
Parking Ratio 2.76/1,000 SF
Corridor Interior
Zoning C

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi

ABOUT 937 US HIGHWAY 24 , LIMON, CO 80828

Excellent opportunity to purchase a Super 8 motel, along a major interstate, just an hour from Denver. This franchised motel in Limon has been trending well, especially after the Owner started reinvesting in the property this past year. Occupancy is up 14 points, with ADR stable at $65.00, in comparison to last year. The property is undergoing additional renovations, including vinyl flooring, beds, case goods, chairs, some lighting, mirrors and draperies. This investment is well priced at 3X the current revenue. The Super 8 Limon is strategically located at the SW corner of I-70 and Hwy 24. It is the first Motel off the I-70 exit, attracting a plethora of walk-in customers on a daily basis. The Super 8 Limon is highly visible and attractive to budget minded travelers and trucking related guests. The Flying J Travel Center and TravelCenters of America (TA Truck Stop) are only a few hundred yards away, along with many dining choices.

PROPERTY TAXES

  • Listing ID: 9665013

  • Date on Market: 10/20/2017

  • Last Updated:

  • Address: 937 US Highway 24, Limon, CO 80828