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Investment Highlights

  • Recently installed A/C units
  • Parking lot that was redone 2 years ago
  • Lobby completely remodeled within the last year
  • Painting redone on the inside and outside of the building within the last year
  • Mattresses are only 3 years old
  • Swimming pool remodeled within the last year

Property Facts

Price $5,850,253 CAD
Price Per Room $162,507 CAD
Sale Type Investment
Cap Rate 9%
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.87 AC
Building Size 36,000 SF
No. Rooms 36
No. Stories 2
Year Built/Renovated 1993/2024
Parking Ratio 1.17/1,000 SF
Corridor Interior
Opportunity Zone Yes
Zoning C

Amenities

  • Business Center
  • Pool
  • Room Service
  • Wheelchair Accessible
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Smoke Detector

About 1011 RIO GRANDE AVE , GUNNISON, CO 81230

Managers apartment located behind the front desk. Includes 2 bedrooms, 1 bathroom, Kitchen, Dining and Living Area. Approximately 900 square feet. Recently installed A/C units Painting redone on the inside and outside of the building within the last year Parking lot that was redone 2 years ago Mattresses are only 3 years old Lobby completely remodeled within the last year Swimming pool remodeled within the last year Kitchen area for breakfast New windows and steal roof

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $227.13 CAD -
Guest Room 34 $185.83 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
R002278
Land Assessment
$189,411 CAD
Improvements Assessment
$409,284 CAD
Total Assessment
$598,694 CAD
  • Listing ID: 40167348

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 1011 Rio Grande Ave, Gunnison, CO 81230

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