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$ 1,790,000
Est. payment | /mo
16,159 SqFt
$ 1,790,000
Est. payment | /mo
16,159 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 16,159 sqft
Price per Sqft $110
MLS Listing ID 1121422
HOA Y/N No
Year Built 1929
Annual Tax Amount $5,681
Property Sub-Type Hotel/Motel
Property Description
This well-maintained, centrally located 21-key independent motel offers strong year-round performance, supported by consistent walk-in traffic and online reservations. Included on the property is an 88-unit self-storage facility providing an excellent secondary revenue stream.
The motel features an on-site manager's suite, a spacious 2-bedroom, 2-bath apartment with 1,624 square feet of living space, including a full kitchen, living room, and ample storage.
A separate retail building, also included in the sale, has been renovated into an additional owner's quarters featuring a full kitchen, living room, bedroom, office, and bathroom. This versatile 1,624 sq ft space offers further potential for rental income or on-site owner/operator living. The lower level of this building includes a guest-accessible laundromat, a separate housekeeping laundry room, and storage.
With multiple business opportunities in one - including lodging, self-storage, and potential retail or rental space - this property presents a unique investment opportunity with strong income potential and operational flexibility.
The motel features an on-site manager's suite, a spacious 2-bedroom, 2-bath apartment with 1,624 square feet of living space, including a full kitchen, living room, and ample storage.
A separate retail building, also included in the sale, has been renovated into an additional owner's quarters featuring a full kitchen, living room, bedroom, office, and bathroom. This versatile 1,624 sq ft space offers further potential for rental income or on-site owner/operator living. The lower level of this building includes a guest-accessible laundromat, a separate housekeeping laundry room, and storage.
With multiple business opportunities in one - including lodging, self-storage, and potential retail or rental space - this property presents a unique investment opportunity with strong income potential and operational flexibility.
Location
State CO
County El Paso
Others
Special Listing Condition Not Applicable
Listed by You 1st Realty
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Tyler Eberhart
Broker-Owner | Lic# 100050435