Burlington Stay Inn 2100 Fay St
39 Room Hotel Burlington, CO 80807 $1,450,000 ($37,179/Room) 12.72% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy highway traffic of I -70
- Open floor plan with variety of option for bedroom.
- Interior Corridor with 2 story brick building
EXECUTIVE SUMMARY
Prime location off of Highway I-70, Interior corridor, Renovated, new appliance, Low maintenance easy running independent motel.
Income is increasing every singe year. Very low operating expense.
Income is increasing every singe year. Very low operating expense.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | $1,450,000 |
| Price Per Room | $37,179 |
| Sale Type | Investment |
| Cap Rate | 12.72% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.92 AC |
| Building Size | 14,800 SF |
| No. Rooms | 39 |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2020 |
| Parking Ratio | 3.31/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
AMENITIES
- High Speed Internet Access
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 39 | $51.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 41000028 | Total Assessment | $263,719 (2023) |
| Land Assessment | $33,647 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $230,072 (2023) | Tax Year | 2024 |
ZONING
| Zoning Code | Commercial (Commercial / hotel, motel usage.) |
CONTACT
-
Simon Kim - Simon Kim Realty
