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1901 Rose Ave
Burlington, CO 80807
Sloan's Motel · Hospitality Property For Sale
·
29 Rooms
INVESTMENT HIGHLIGHTS
- Directly off of I-70 near the Colorado/Kansas Border
- All Rooms are Keyless Entry
- Manager open to staying on board to run the day-to-day operations
- Recently Renovated - over $350k in capital improvements
- Short Term and Long Term rental options for tenants - new owner can structure leases however they would like
- Multiple room and apartments types - Standard, King Bed, Kitchenette, and Apartment.
EXECUTIVE SUMMARY
Discover an incredible investment opportunity with this recently renovated motel conveniently located just off of I-70 near the Colorado/Kansas border. Whether you're an entrepreneur seeking a steady stream of short-term clientele or aiming to tap into the thriving long-term tenant market, this motel has it all.
Key Features:
1. Prime Location: Strategically situated just off I-70, our motel provides easy access for travelers passing through, making it the perfect stopover for truckers, hunters, contractors, and oil and gas professionals. Additionally, the motel enjoys regular business from long-term tenants in the area.
2. Recent Renovations: A significant investment of over $300k has been made in capital improvements, ensuring that every corner of the motel exudes a fresh and contemporary ambiance. From the exterior to the interior, attention to detail is evident throughout.
3. Diverse Room Options: Catering to various needs, our motel offers a range of room types including Standard, King Bed, Kitchenette, and Apartment units. This diversity allows you to attract a wide array of guests seeking different levels of comfort and amenities.
4. Flexibility in Rentals: The choice is yours when it comes to structuring leases. Whether you're interested in short-term or long-term rentals, you have the freedom to customize rental options according to your business strategy.
5. Connectivity: In today's digital age, high-speed fiber internet is a must. Our motel is equipped with top-tier fiber internet and Dish Network, ensuring that your guests stay connected and entertained throughout their stay.
6. Experienced On-Site Management: The current manager is open to staying on board, seamlessly overseeing day-to-day operations. This offers a smooth transition for the new owner, ensuring continued success without any disruption.
7. Turnkey Investment: With all the heavy lifting of renovations already completed, you can step into ownership without the usual challenges of a fixer-upper. The motel is ready to welcome guests from day one.
Whether you're an experienced hospitality industry professional looking to expand your portfolio or a newcomer seeking a promising investment, this motel offers a unique opportunity to capitalize on its strategic location and recent renovations. Don't miss out on the chance to own a thriving business in a prime location. Contact us today to learn more about the individual room improvements, financial projections, and the potential this motel holds.
Key Features:
1. Prime Location: Strategically situated just off I-70, our motel provides easy access for travelers passing through, making it the perfect stopover for truckers, hunters, contractors, and oil and gas professionals. Additionally, the motel enjoys regular business from long-term tenants in the area.
2. Recent Renovations: A significant investment of over $300k has been made in capital improvements, ensuring that every corner of the motel exudes a fresh and contemporary ambiance. From the exterior to the interior, attention to detail is evident throughout.
3. Diverse Room Options: Catering to various needs, our motel offers a range of room types including Standard, King Bed, Kitchenette, and Apartment units. This diversity allows you to attract a wide array of guests seeking different levels of comfort and amenities.
4. Flexibility in Rentals: The choice is yours when it comes to structuring leases. Whether you're interested in short-term or long-term rentals, you have the freedom to customize rental options according to your business strategy.
5. Connectivity: In today's digital age, high-speed fiber internet is a must. Our motel is equipped with top-tier fiber internet and Dish Network, ensuring that your guests stay connected and entertained throughout their stay.
6. Experienced On-Site Management: The current manager is open to staying on board, seamlessly overseeing day-to-day operations. This offers a smooth transition for the new owner, ensuring continued success without any disruption.
7. Turnkey Investment: With all the heavy lifting of renovations already completed, you can step into ownership without the usual challenges of a fixer-upper. The motel is ready to welcome guests from day one.
Whether you're an experienced hospitality industry professional looking to expand your portfolio or a newcomer seeking a promising investment, this motel offers a unique opportunity to capitalize on its strategic location and recent renovations. Don't miss out on the chance to own a thriving business in a prime location. Contact us today to learn more about the individual room improvements, financial projections, and the potential this motel holds.
PROPERTY FACTS
| Price Per Room | $52,949 CAD | Building Size | 7,329 SF |
| Sale Type | Investment | No. Rooms | 29 |
| Cap Rate | 14.79% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1960/2016 |
| Property Subtype | Hotel | Parking Ratio | 3.55/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.72 AC | Opportunity Zone |
Yes
|
| Zoning | C1 | ||
| Price Per Room | $52,949 CAD |
| Sale Type | Investment |
| Cap Rate | 14.79% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.72 AC |
| Building Size | 7,329 SF |
| No. Rooms | 29 |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2016 |
| Parking Ratio | 3.55/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C1 |
AMENITIES
- Fiber Optic Internet
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 29 | $55.84 CAD | - |
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