808 Caribou St - Hospitality FOR SALE


Simla, CO 80835
$625,000 USD
303-725-8391
808 Caribou St, Simla, CO for Sale
$625,000 USD
Hospitality - FOR SALE
1/33
null | Request Cap Rate

808 Caribou St
Simla, CO 80835


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$142 USD /SF

# OF ROOMS

8

PRICE/ROOM

$78,125 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coachlite Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1979

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

S

APN/PARCEL ID

R100190

ASK ABOUT THIS PROPERTY

Dustin WagerLegends Real EstateMore Info
303-725-8391

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Dustin WagerLegends Real EstateMore Info
303-725-8391

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