605 4th Ave - Hospitality FOR SALE


Fort Garland, CO 81133
$1,195,000 USD
719-742-3626
605 4th Ave, Fort Garland, CO for Sale
$1,195,000 USD
Hospitality - FOR SALE
1/51
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605 4th Ave
Fort Garland, CO 81133


OVERVIEW

Turn key limited service hotel, beautifully maintained and consistently updated, with multiple revenue streams. The Lodging of Choice in Fort Garland at the gateway to Great Sand Dunes NP and the Mystic San Luis Valley. Real estate includes 8 lots at 28,000 sq ft and 140 ft of Hwy 160 frontage with 1.8 million CDOT annual vehicle count. Total of 4 buildings including 10,200 sq ft hotel with 24 interior units including king, queen, single, multi bed, ADA and a kitchenette unit; 1229 sq ft 2 bed/2 bath managers home, 3+ car garage, and newly completed 504 sq ft 10 washer/10 dryer laundromat. Business includes bookings, domain name, furnishing, fixtures and equipment. Do not miss this highly lucrative turn key opportunity!

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$100 USD /SF

# OF ROOMS

25

PRICE/ROOM

$47,800 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fort Garland Motor Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1996

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

28,009 SF

ZONING

C

APN/PARCEL ID

60000491,60001961

ASK ABOUT THIS PROPERTY

Arica AndreattaCode of the West Real EstateMore Info
719-742-3626

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Arica AndreattaCode of the West Real EstateMore Info
719-742-3626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.