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Motels for Sale Colorado

Budget Host
Trinidad, CO Click for Trinidad, Colorado Forecast
Motels for Sale Colorado

Broker: Erich Ehrenstrasser
Phone: (303) 989-2100

 View Map | Download Brochure (Requires Adobe Reader)

BANK OWNED BEAUTY

Interstate 25 Location    Financing Available

Asking Price $695,000

$800 K Appraisal in Place

LOCATION - Situated on 10301 Santa Fe Trail Dr, Interstate Highway 25, Exit 11, Trinidad, CO 81082, County of Las Animas. Located near sightseeing and restaurants. Trinidad is situated just north of the Raton Pass, about 15 miles from the New Mexico state line. Surrounded by beautiful alpine country, the region offers breathtaking views and great year-round activities including world-class fishing, hunting, hiking, biking, climbing, skiing, snowmobiling, horseback riding, shopping, sightseeing, museums and restaurants. Trinidad Junior College has an enrollment of approximately 900 students, and city population is at approximately 9,078.

IMPROVEMENT: 26 nice guestrooms in a one and two-story setting. Initial 16 guestrooms were built in 1950’s, 60’s and 70’s by an oilman as the ‘Derrick Motel’. These guestrooms have natural gas wall-heaters and individual AC Units. A 10-guestroom, two-story addition was constructed in 1997 with provides individual HVAC Units.

The property also features 18 RV Spaces (12-full service sites, including Cable TV, and another six (6) sites with water and electric hook-ups). A building provides showers, coin washer & dryer, and a soft drink vending machine.

High-speed WiFi, cable TV, coffee makers, microwaves and refrigerators are in all guestrooms.  Nice owner/manager quarters provide two bedrooms, one bath, living room, kitchen, and a front desk reception area. According to information provided by former owners, the property is on city gas and water, and the San Isabel Electric Co-Op supplies electricity. While on a septic system, a neighboring church, a log home, and the Colorado Department of Transportation station each pay $50.00 a month for its use. The property could be on converted to utilize the city sewer system. Land Area approximately 3.37 acres (+/-).

TERMS:
Cash or Conventional

Information herein has been obtained from what are believed to be reliable sources, however, Anton Hospitality Brokers, Inc., cannot guarantee its accuracy. References and information contained herein are approximate only and are subject to changes and errors. Assumptions are based on professional management and marketing of the property and future operating results will vary depending on ownership. Buyers must conduct their own investigation and due diligence and consultation with a professional financial advisor is highly recommended. Price is subject to change without notice.




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Anton Hospitality Brokers, Inc., 2750 S. Wadsworth Blvd. #C-111, Denver, CO 80227
Phone (303) 989-2100     Toll Free (888) 437-2121     Fax (303) 914-8400     info@antonhospitality.com




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