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- LoopNet Team
1120 E Main St
Cortez, CO 81321
Suburban Studios near Mesa Verde · Hospitality Property For Sale · 19,693 SF
PROPERTY FACTS
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
About 1120 E Main St , Cortez, CO 81321
PRICE REDUCTION!!! Act now before the next season. This property is a diamond in the rough (needs some repairs). If you are an entrepreneur and have the vision, this property is for you. 60 spacious rooms with modern amenities, manager's quarters, guest laundry, and close to restaurants and historical sites. There are 4 buildings situated on flat to sloping topography (3 one story units and 1 two story building - 1959 - 8302SF, 1963 - 9372SF, 1975 - 3240SF, 1978 - 12,592SF) Nov 2016 thru Oct 2017 (12 months) Revenue is $475,363; 2016 Revenue Per Wydham Stat Report $494,932.25 not including tax; 2015 Revenue per Wydham Stat Report $343,787 not including tax. This ideal property is located in the historical Montezuma County in the State of Colorado. Cortez is centrally located to many Nat'l Parks, Mesa Verde, Monuments and the Canyon of the Ancients.
PROPERTY TAXES
Parcel Number | R015168 | Improvements Assessment | $203,283 |
Land Assessment | $108,401 | Total Assessment | $311,684 |
PROPERTY TAXES
zoning
Zoning Code | C |
C |
Learn More About Investing in Hospitality Properties
Listing ID: 7146242
Date on Market: 5/10/2017
Last Updated:
Address: 1120 E Main St, Cortez, CO 81321
The Hospitality Property at 1120 E Main St, Cortez, CO 81321 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.