1901 Rose Ave Burlington, CO 80807

Property Details for 1901 Rose Ave

Year built

1950

Lot size

1.96 lot acres

Property size

7,329 SF

Property type

Motels

Property subtype

Hotels

Description

This exceptional 30-unit hotel/motel in Burlington, Colorado, presents a compelling investment opportunity. Located directly off I-70 near the Colorado/Kansas border, this property benefits from high traffic volume and a diverse tenant base, including short-term travelers (truckers, hunters, contractors, oil & gas workers) and long-term residents. The 7,329 square foot property, comprised of four buildings on a 1.96-acre lot, boasts a strong 14.17% cap rate and a Net Operating Income (NOI) of $113,199, with an asking price of $799,000 ($109.02/sq ft). Built in 1950 and extensively renovated in 1990 and 2023 (over $300,000 in capital improvements), the property features a variety of room types: standard, king bed, kitchenette, and apartment units, offering flexibility for both short-term and long-term rentals. The property is zoned C-1 and includes high-speed fiber internet and Dish Network. The current on-site manager is willing to continue operations, ensuring a smooth transition for the new owner. This turnkey investment is ideal for experienced hospitality professionals or investors seeking a profitable, well-maintained property in a prime location. Detailed financial projections and individual room improvement specifics are available upon request. This is a rare opportunity to acquire a thriving business with significant upside potential.