Seller Financing Avalible price has been reduced from $1,500,000 Perferct for investor or 1st time buyer Financing avalible to qualified buyers 75 unit hotel with...
    Status: Active   Price: $1,125,000   Bldg. Size: 48,000 SF   Cap Rate: 75
    Primary Type: Hotel & Motel   Sub-Type: Economy/Limited Service

    Description

    price has been reduced from $1,500,000
    Perferct for investor or 1st time buyer
    Financing avalible to qualified buyers


    75 unit hotel with freestanding resturant ,( former Quality Inn) $500,000 in capital improvements have been made in the last year, Motel 6, Econolodge, Howard Johnson, Days Inn, Lexington Inn and Best Western have all expressed intrest in reflaging if pip is completed to franchisee standard

    Located alongside Highway 50- a Major east/west state highway which runs directly across colorados southern half up to Grand Junction on the western slope. Additionally Hwy 50 provides an alternative to US I-70 for drivers who find leisure mountain and denver metro area traffic to be over whelming, especially during winter/ski season;
    Located within close proximity to major demand generators including BNSF rail/Amtrack, Arkansas Valley Regional Medical Center, New Walmart, Otero Junior Collegge, Bents Fort, World renowned Koshare Native American Dancers and Museum and the Historic Sante Fe trail, also next door to the nations 2nd largest cattle auction behind oaklahoma city


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