LOCATION: 1208
N. Colorado Avenue, at Interstate-76 exit 90; this beautiful
motel is located in Brush, Colorado, a wealthy farming community just
10-miles east of Fort Morgan, seat of Morgan County. Located in the
heart of Colorado's rich agricultural region, an hour's drive from
northeast Denver via Interstate-76. The area offers a fabulous
lifestyle for young and old alike, away from the every-day problems of
the big-city life. Golf, tennis, bowling, swimming pools, movie
theaters and much more is readily available at this fabulous region
offering great relocation possibilities for retiring folks and young
families alike. Health care, schools & civic services are first
class. Near the South Platte River, great fishing and hunting is
beckoning. County population is approximately 25,000; elevation 4,330
feet.
IMPROVEMENTS: 44
comfortable, clean and newly refurbished guestrooms in a 2-story
building; wonderful three bedroom owners quarters, including attractive
kitchen, large family room, living room/dining room, nice back office,
front office reception; A/C, cable TV, telephones, guest laundry,
outdoor swimming pool; new brick/stucco exterior; perfect condition;
natural gas; average monthly utilities $1,750; property taxes $29,500;
insurance $975; total expenses for 1997 were approximately $250,000,
excluding debt service, depreciation and owners draws.
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.