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Limon Motel 514 Main St

29 Room Hotel Limon, CO 80828 £852,871 (£29,409/Room)

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Executive Summary

Room 29 Units with manager's Living Quarters, and profitable income property, very good cash flow, It has a strong potential. maintained independent local motel for sale, The subject property is situated at center of City of Limon. 41,400 Sq Ft Lot Size, 9,088 Building Size, Property Tax only $9,574.00(2022).

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Property Facts

Price	£852,871	Building Size	10,562 SF
Price Per Room	£29,409	No. Rooms	29
Sale Type	Investment	Number of Floors	1
Property Type	Hospitality	Year Built/Renovated	1930/2018
Property Subtype	Hotel	Parking Ratio	2.94/1,000 SF
Building Class	C	Corridor	Exterior
Lot Size	0.95 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£852,871
Price Per Room	£29,409
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.95 AC
Building Size	10,562 SF
No. Rooms	29
Number of Floors	1
Year Built/Renovated	1930/2018
Parking Ratio	2.94/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.