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Property profile & analytics
OFF-MARKET
Commercial land

609 15th St Eads, CO 81036-9696

0.23 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US13-1993471
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.23 ac (10,019 SF)
APN 11-192-2330
UPID US13-1993471
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
GADADE VAIBHAV NARAYAN
GADADE VAIBHAV NARAYAN
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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