609 15th St Eads, CO 81036-9696
- Commercial land
- 0.23 lot acres
Current Use by Public Records
- Commercial land
Property Details for 609 15th St
- Lot size
- 0.23 lot acres
- Property type
- Commercial land
- APN
- 11-192-2330
- APU
- 111922330
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eads
- County
- Kiowa
- State
- Colorado
- Longitude
- -102.774
- Latitude
- 38.477
