Fowler Inn 602 E Cranston 16 Room Hotel Fowler, CO 81039 $705,000 ($44,063/Room) 5.11% Cap Rate

EXECUTIVE SUMMARY
A lot of renovations, new beds, new furniture, 3 new water heaters . We have a huge shop in back that can be used as a business
PROPERTY FACTS
Price | $705,000 |
Price Per Room | $44,063 |
Sale Type | Investment |
Cap Rate | 5.11% |
Sale Condition | High Vacancy Property |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.68 AC |
Building Size | 8,720 SF |
No. Rooms | 16 |
No. Stories | 1 |
Year Built | 1972 |
Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Guest Room | 16 | $60.00 | - |
1 of 1
PROPERTY TAXES
Parcel Number | 4375-163-04001 | Improvements Assessment | $16,078 |
Land Assessment | $6,084 | Total Assessment | $22,162 |
ZONING
Zoning Code | CG |