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Location: South Central Colorado
Number of Units: 17, plus 17-Unit RV Park
Year Constructed: 1950s
Corridors:  Exterior
# of Stories: 1
Chain Affiliated ? : Yes
Cost to Transfer Franchise: Per Franchisor
AAA Rated ? : Previously

Asking Price: $ 395,000
Gross Rooms Revenue: $ 131,919
Gross F&B Revenue: N/A
Gross Other Revenue: $ 16,114
Annual Property Taxes: $ 2,973
Annual Insurance Costs: $ 6,651
Seller/Private Financing Available ?: Negotiable

Other Property Included: 4.7 +/- Acre Site includes a 17-Unit RV Park with Building and the 17-Unit Motel, all included.

Other Information: This property is prominently located at the junction of several heavily-traveled highways (including an interstate) in beautiful South-Central Colorado.   The current owner is constantly upgrading and maintaining the property, and has recently installed High Speed Wireless Internet Access, the only such access in town!   The property includes a 1BR living quarters to accommodate an owner-operator.

Possibilities include a total or partial redevelopment of the property.  With almost 5 acres to work with, new construction in addition to or in place of the existing structures is absolutely an option.   A new hotel, a new restaurant, a new service station?   The possibilities are many.

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