244 High St Flagler, CO 80815
- Motels
- 5,288 SF
- 1.50 lot acres
Current Use by Public Records
- Little England Motel & RV Park / Motel
Property Details for 244 High St
- Year built
- 1939
- Lot size
- 1.50 lot acres
- Property size
- 5,288 SF
- Property type
- Motels
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Flagler
- County
- Kit Carson
- State
- Colorado
- Longitude
- -103.0627968
- Latitude
- 39.287802
