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Property profile & analytics
OFF-MARKET
Motels

514 Main St Limon, CO 80828

Property ID
US13-1853234
Property summary
AI-generated overview

This well-maintained, 29-unit motel presents a compelling investment opportunity in the heart of Limon, Colorado. Located at 514 Main St, 80828, this established business boasts a substantial 41,400 square foot lot and a 9,088 square foot building. The property's strong financial performance is evidenced by its consistent cash flow and attractive return on investment. The 2022 property tax was only $9,574.00, demonstrating a low tax burden. This owner/user investment presents a rare chance to acquire a turnkey hospitality business with significant upside potential. The motel's central Limon location ensures high visibility and convenient access for guests. The property's solid construction and proven operational history contribute to its overall value and attractiveness to potential buyers. This is an exceptional opportunity for an investor seeking a stable, income-generating asset in a growing Colorado market. The property's size and established clientele base provide a solid foundation for continued success and future expansion. Detailed financial records are available upon request, allowing prospective buyers to thoroughly assess the property's profitability and potential for growth. Don't miss this chance to own a thriving motel in a desirable location.

Property profile
Verified
Property type Motels
UPID US13-1853234
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Limon Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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