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Montrose Hotel TBD E Main St 7 Room Hotel Montrose, CO 81401 $764,648 CAD ($109,235 CAD/Room) 13.40% Cap Rate
Executive Summary
Exceptional Single Room Rental Investment Opportunity in a High-Traffic Corridor
Don't miss this opportunity to acquire a low-entry-price property situated in a prime, highly visible location. This asset utilizes a hybrid weekly/monthly rental model with 70% occupancy and revenue, $70,000 Rental Income and a compelling 11.9% capitalization rate.
Optional income from the seasonal pool and patio area can further boost annual returns by up to $8,000.
Property Features & Amenities
The property is meticulously set up for short term room rental success, featuring:
• Guest Suites: A welcoming guest check-in area and four (with potential for five) elegantly designed suites. Could be developed into two additional long-term suites.
• Capacity & Comfort: A total of 4 – 2 Bedroom Kitchen Suites with Bathrooms and Basement Efficiency Suite
• Atmosphere: Two cozy fireplaces enhance the ambiance, one fireplace located in check-in and one located within a suite, and five separate entrances ensure convenience and privacy for all guests.
• Outdoor Amenities: Guests will appreciate the outdoor pool, designated cooking area, and private patios.
• Practical Updates: The exterior features new paint applied in 2025.
• Parking: Ample on-site parking is available, accommodating up to 15 vehicles.
Unbeatable Regional Access
The location is a major asset, perfectly positioned in a central hub:
• Walkable Convenience: The property is within walking distance of popular local eateries, including a bar and a Mexican restaurant.
• Gateway Location: Located just minutes from the Montrose Regional Airport (MTJ), this is the ideal base for exploring major regional attractions.
• Recreational Hub: Enjoy convenient access to year-round activities near Black Canyon National Park, Telluride Ski Resort, Silverton, Ridgeway, Ouray, Grand Junction, and Durango.
________________________________________
This high-yield property won't last. Contact us today to receive the detailed financials and seize this outstanding investment opportunity!
Property Facts:
• 3,700 Square Feet
• 0.57 Acres
• $70,000 Rental Income, 11.9% Cap Rate
• Guest Check In Area
• 7 Beds
• 5 Bathrooms
• 3 Kitchens
• Fireplaces
• 5 Separate Entrances
Montrose Facts:
• Elevation: 5,807
• Population: 21,003 (2022)
• Total Area: 18.5 Square Miles
• Founded 1882
Rental Income Potential Breakdown (Includes Efficiency Kitchens)
• Room 120 - 1BR, Weekly $400.00, Monthly $1,600.00, Annual $19,200
• Basement Apartment - 1BR, Monthly $800.00, Annual $9,600.00
• Room First Floor - 2BR, Monthly $700.00, Annual $8,400.00
• Room 118 - 2BR, Weekly $600.00, Monthly $2,400.00, Annual $28,800.00
• Room 119 - 2BR, Weekly $600.00, Monthly $2,400.00, Annual, $28,800.00
Don't miss this opportunity to acquire a low-entry-price property situated in a prime, highly visible location. This asset utilizes a hybrid weekly/monthly rental model with 70% occupancy and revenue, $70,000 Rental Income and a compelling 11.9% capitalization rate.
Optional income from the seasonal pool and patio area can further boost annual returns by up to $8,000.
Property Features & Amenities
The property is meticulously set up for short term room rental success, featuring:
• Guest Suites: A welcoming guest check-in area and four (with potential for five) elegantly designed suites. Could be developed into two additional long-term suites.
• Capacity & Comfort: A total of 4 – 2 Bedroom Kitchen Suites with Bathrooms and Basement Efficiency Suite
• Atmosphere: Two cozy fireplaces enhance the ambiance, one fireplace located in check-in and one located within a suite, and five separate entrances ensure convenience and privacy for all guests.
• Outdoor Amenities: Guests will appreciate the outdoor pool, designated cooking area, and private patios.
• Practical Updates: The exterior features new paint applied in 2025.
• Parking: Ample on-site parking is available, accommodating up to 15 vehicles.
Unbeatable Regional Access
The location is a major asset, perfectly positioned in a central hub:
• Walkable Convenience: The property is within walking distance of popular local eateries, including a bar and a Mexican restaurant.
• Gateway Location: Located just minutes from the Montrose Regional Airport (MTJ), this is the ideal base for exploring major regional attractions.
• Recreational Hub: Enjoy convenient access to year-round activities near Black Canyon National Park, Telluride Ski Resort, Silverton, Ridgeway, Ouray, Grand Junction, and Durango.
________________________________________
This high-yield property won't last. Contact us today to receive the detailed financials and seize this outstanding investment opportunity!
Property Facts:
• 3,700 Square Feet
• 0.57 Acres
• $70,000 Rental Income, 11.9% Cap Rate
• Guest Check In Area
• 7 Beds
• 5 Bathrooms
• 3 Kitchens
• Fireplaces
• 5 Separate Entrances
Montrose Facts:
• Elevation: 5,807
• Population: 21,003 (2022)
• Total Area: 18.5 Square Miles
• Founded 1882
Rental Income Potential Breakdown (Includes Efficiency Kitchens)
• Room 120 - 1BR, Weekly $400.00, Monthly $1,600.00, Annual $19,200
• Basement Apartment - 1BR, Monthly $800.00, Annual $9,600.00
• Room First Floor - 2BR, Monthly $700.00, Annual $8,400.00
• Room 118 - 2BR, Weekly $600.00, Monthly $2,400.00, Annual $28,800.00
• Room 119 - 2BR, Weekly $600.00, Monthly $2,400.00, Annual, $28,800.00
Property Facts Under Contract
| Price | $764,648 CAD | Building Size | 3,700 SF |
| Price Per Room | $109,235 CAD | No. Rooms | 7 |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 13.40% | Year Built/Renovated | 1955/2013 |
| Property Type | Hospitality | Parking Ratio | 4.05/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.57 AC | ||
| Zoning | B2 - Highway Commercial | ||
| Price | $764,648 CAD |
| Price Per Room | $109,235 CAD |
| Sale Type | Investment |
| Cap Rate | 13.40% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 3,700 SF |
| No. Rooms | 7 |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2013 |
| Parking Ratio | 4.05/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | B2 - Highway Commercial |
Amenities
- Pool
- Outdoor Pool
- Wedding Venue
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 7 | $115.39 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R0650508 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,038,003 CAD |
Property Taxes
Parcel Number
R0650508
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,038,003 CAD
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Montrose Hotel | TBD E Main St
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