Current Use by Public Records
- Hospitality properties
Property Details for 10301 Santa Fe Trl
- Year built
- 1960
- Lot size
- 3.40 lot acres
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This established Trinidad, Colorado motel and RV park presents a unique investment opportunity. The property boasts 26 motel rooms and 28 RV spaces, situated on a sizable 3.4-acre lot, offering potential for expansion. Its prime location on Interstate 25 ensures high visibility and accessibility for travelers heading to and from Colorado. Trinidad's attractive mountain setting and proximity to two state parks—Trinidad Lake State Park and Fisher's Peak State Park—draw significant tourism, creating consistent demand. The motel operates independently, eliminating franchise fees and minimizing operating costs. The relatively small number of rooms requires minimal staffing, while the RV park provides a supplementary revenue stream with low overhead. While the business has experienced some management challenges and a 2024 electrical fire (since fully repaired and inspected), a hands-on owner could significantly improve profitability. The property's size and location offer considerable upside potential. All guestroom repairs and electrical updates have been completed and approved.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Trinidad
- County
- Las Animas
- State
- Colorado
- Longitude
- -104.519
- Latitude
- 37.1395
