609 15th St Eads, CO 81036-9696
This exceptional investment opportunity presents a 41-room Travelers Lodge situated on a 2.1-acre lot at 609 E 15th Street, Eads, Colorado. Conveniently located along the heavily trafficked US Highway 287, this established hotel offers a blend of comfort and affordability for travelers. All 41 guest rooms feature modern electronic key card locks and individual through-wall air conditioning units, ensuring guest security and comfort. Twenty rooms have recently undergone significant renovations, boasting fresh paint, updated furniture, linens, and dГ©cor, enhancing the guest experience and maximizing return on investment. The property also includes a duplex, providing two fully furnished living quarters ideal for on-site management, potentially reducing operational costs. Adding to its versatility, eight RV hookups cater to a wider range of travelers, offering a potential additional revenue stream. This established business is being sold "as is," presenting a unique opportunity to acquire a profitable lodging establishment in the thriving Ports to Plains Corridor. The property's 11,987 square feet of space and prime highway location make it an attractive proposition for investors seeking a turn-key hospitality business. The asking price is $750,000. This is a rare chance to own a well-established hotel with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 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.