2100 E Main St
Montrose, CO 81401

Great hotel: two story, interior corridor, 51 units, indoor heated pool and spa; recently upgraded (2015/2016). All rooms have independent PTACs, upgraded beds, some new carpet, microwaves, mini fridges, flat screen TVs, coffee pots and guest amenities. Common areas consist of breakfast dining area with ample room to seat guests, lobby with beautiful antler chandelier and guest laundry/vending area. Property has security cameras, built-in sprinkler system; electronic advertising sign, and picnic area with heat torches. 2016 - $569,502 Room Revenue, 2015 - $445,858 Room Revenue, 2014 - $421,829 Room Revenue. Topography is level, rectangular shape lot, zoned B-2; low flood zone risk per FEMA map #08085C0776D dated January 2012. Revenues are going up and there's still a great potential for the right entrepreneur or family. Area is booming, get a good deal before it's too late. This hotel is located at the East End of Montrose, CO on Highway 50 with 180 Feet of great highway frontage. Montrose County is a major western slope county in Colorado. The county extends west 85 miles to the western border of Utah. Total area of the county, is 2,241 square miles. The county is adjacent to San Miguel County, which is the home of the Telluride ski area. The western portion of the county is adjacent to Mesa County, which has the largest city on the western slope, Grand Junction. Its location between these two counties makes Montrose County the gateway to the Telluride ski area and the San Juan mountain region of southwestern Colorado. The county has several incorporated communities, including Montrose (the county seat and largest urban area), Olathe, Nucla, and Naturita. The county physically is split by the Uncompaghre Plateau, a geologic uplift that runs north-south through the center of the county. The eastern communities have much stronger linkages to regional centers compared to the smaller and more remote western communities. The county is served by two major Federal highways, US Highway 50 and US Highway 550.