Share This Listing

Message

949 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

The Lodge Motel 825 Hwy 160 16 Room Hotel Fort Garland, CO 81133 $858,252 CAD ($53,641 CAD/Room) 13.63% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

The Lodge Motel, located at 825 Hwy 160 in Fort Garland, Colorado, presents a unique investment opportunity in a high-visibility location along one of the region’s primary travel corridors. Nestled in the heart of the San Luis Valley, this well-positioned property caters to a mix of leisure travelers, outdoor enthusiasts, and road-trippers exploring southern Colorado’s scenic landscapes and historical attractions.
The motel features comfortable, well-maintained guest rooms, offering a welcoming stay for visitors. With direct frontage along Highway 160, The Lodge Motel benefits from steady traffic, drawing in travelers heading to nearby destinations such as Great Sand Dunes National Park, San Isabel National Forest, and the historic Fort Garland Museum. The area’s rich natural beauty and year-round recreational opportunities ensure consistent demand.
With its excellent location, established customer base, and potential for operational enhancements, The Lodge Motel presents a compelling investment opportunity for those looking to acquire a hospitality asset in a growing regional market.
Prime Location: Positioned off U.S. Highway 160, offering high visibility and easy access for road-trippers, adventure seekers, and tourists.
Room Configurations: A range of comfortable accommodations designed to meet the needs of leisure and business travelers alike.
Turnkey Potential: Well-maintained facilities with immediate income-generating potential for a new owner.
Outdoor Appeal: The area’s scenic beauty and nearby recreational activities make it a magnet for visitors year-round.
Strategic Location : Positioned along U.S. Highway 160, The Lodge Motel benefits from high traffic flow and excellent accessibility, serving as a gateway to top regional attractions like the Great Sand Dunes National Park and Sangre de Cristo Mountains.
Thriving Tourism : Market Fort Garland is a hub for outdoor enthusiasts, history buffs, and travelers seeking Colorado’s unparalleled natural beauty. The region’s year-round appeal ensures steady demand for accommodations.
Revenue Growth Potential : Opportunity to increase revenue through enhanced marketing, direct online booking channels, and leveraging its proximity to popular destinations.
Turnkey Operation : The property is in good operational condition, offering immediate cash flow while providing potential for future enhancements.
Undervalued Asset : With the increasing popularity of boutique accommodations, The Lodge Motel offers a chance to acquire an asset with significant upside in both value and income potential.
Low Competition : Limited comparable lodging options in the immediate area position The Lodge Motel as a go-to choice for travelers seeking comfortable and convenient stays.
Scenic and Recreational Draws : Surrounded by the majestic San Luis Valley, the property’s location is ideal for accessing hiking, fishing, hunting, and historical exploration, further bolstering its year-round appeal.
Affordable Entry Point :An attractive price point for investors looking to enter the hospitality market or expand their portfolio with a cost-effective asset in a growing market.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $858,252 CAD
Price Per Room $53,641 CAD
Sale Type Investment
Cap Rate 13.63%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.93 AC
Building Size 6,328 SF
No. Rooms 16
No. Stories 1
Year Built 1962
Parking Ratio 5.21/1,000 SF
Corridor Exterior
Opportunity Zone Yes

AMENITIES

  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 16 $110.76 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
60001960
Land Assessment
$6,682 CAD
Improvements Assessment
$40,871 CAD
Total Assessment
$47,553 CAD
  • Listing ID: 33970923

  • Date on Market: 2024-11-22

  • Last Updated:

  • Address: 825 Hwy 160, Fort Garland, CO 81133

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}