514 Main St Limon, CO 80828
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.
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Limon Motel Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.