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    244 High St Flagler, CO 80815

    For Sale
    $749,900

    Flagler, CO: Income-producing hospitality gem

    Property size:
    5,288 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This established Flagler, Colorado motel and RV park presents a unique investment opportunity. The property encompasses three deeded parcels totaling 1.5 acres and features a 5,288 square foot main building constructed in 1939 and extensively renovated in 2023. The complex includes eleven recently remodeled guest rooms, a separate laundry room, and ten RV parking spaces with hookups. A unique feature is a 500 square foot free-standing guest room, fenced for privacy and pet-friendly accommodations. Additionally, a two-story brick owner's/manager's house is attached to the motel, offering an office, lobby, additional living quarters, and a two-car garage. This section can be easily locked off for separate rental income. The property boasts high visibility on I-70, benefiting from consistent occupancy and repeat customers. The motel's location in the charming town of Flagler provides access to local amenities including a movie theater, shops, restaurants, a grocery store, post office, parks, a public pool, and a nine-hole golf course. The property's flexible layout allows for diverse income streams, including potential for AirBnB rentals. With 23 keys and a proven track record of high occupancy, this property offers a compelling blend of established income and future growth potential. The asking price is $749,900. The permitted zoning is for motel and RV use.

    Property Features for 244 High St

    General Information

    Property type
    Motels
    Square Feet
    5,288 SF
    Lot Size
    65,340 SF

    Building Details

    Year Built/Renovated
    1939/2023
    Buildings
    3
    Stories
    1

    HighLights

    • Established Flagler, CO motel and RV park on 1.5 acres.
    • 5,288 SF main building (1939 construction, extensively renovated 2023) with 11 remodeled guest rooms, laundry, and 10 RV spaces with hookups.
    • Includes a 500 SF detached guest room and a two‑story owner's house with office, lobby, living quarters, and two‑car garage.
    • High visibility on I‑70, strong occupancy, and diverse income potential.
    • 23 keys, asking price $749,900, zoned for motel and RV use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Little England Motel ... Motel

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flagler
    County
    Kit Carson
    State
    Colorado
    Longitude
    -103.0627968
    Latitude
    39.287802

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    FAQs

    What type of property is this?
    Motel - Flagler, CO: Income-producing hospitality gem
    Where is this motel located?
    The property is located at 244 High St Flagler, CO.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: Established Flagler, CO motel and RV park on 1.5 acres.; 5,288 SF main building (1939 construction, extensively renovated 2023) with 11 remodeled guest rooms, laundry, and 10 RV spaces with hookups.; Includes a 500 SF detached guest room and a two-story owner's house with office, lobby, living quarters, and two-car garage.
    Request Owner's contact information
    244 High St Flagler, CO 80815
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    Flagler, CO 80815
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    244 High St Flagler, CO 80815
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