1160 Grand Ave
Norwood, CO 81423
Back Country Inn · Hospitality Property For Sale
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5,013 SF

PROPERTY FACTS
ABOUT 1160 GRAND AVE , NORWOOD, CO 81423
Currently owned and extensively remodeled by one of Colorado's finest commercial-resort contractors. Every aspect of the motel was renewed, replaced or refinished, including plumbing, electrical, interior and exterior finishes, floors, lighting, windows, new metal roof, furniture, beds and linens. Check out the Venetian Plaster finish on walls and ceilings. You can't miss the incredible Porte-Cochere upon arrival and the new lobby! The huge concrete parking lot provides spaces for 35+ cars. The 1.5 acre lot allows for potentially 20 more rooms. The only thing needed now is a new, on-site owner-operator to market and manage the business! Income is currently generated from 10 Motel rooms, an extended stay suite, 4 mobile homes (all titled) plus two additional spaces, and 7 full-hookup RV spaces. Property includes 8 water taps! The quaint western town of Norwood is located only 30 miles west of Telluride, Colorado, on the Unaweep-Tabeguache Scenic Byway, which provides convenient access to surrounding National Forests and recreational sites. Tourists stay here for endless outdoor activities including hiking, skiing, fishing, hunting, off-road adventures, plus mountain ascents and river rafting. Travelers east-bound from Utah and southbound from Grand Junction arrive at the doorstep of the Back Country Inn for the finest in small-town hospitality.
LINKS
PROPERTY TAXES
Parcel Number | 201-0020988 | Improvements Assessment | $128,820 |
Land Assessment | $93,450 | Total Assessment | $222,270 |
Listing ID: 15446409
Date on Market: 3/14/2019
Last Updated:
Address: 1160 Grand Ave, Norwood, CO 81423