Monte Villa Hotel | 925 1st Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Monte Villa Hotel 925 1st Ave
40 Room Hotel Monte Vista, CO 81144 $1,499,000 ($37,475/Room) 10.67% Cap Rate
Executive Summary
The Monte Villa is a historic enterprise that was built in the 1930's. This beautiful hotel offers 40 rooms, full bathrooms, a managers suit, tax benefit's for the right owner, and is in a high traffic area right on Main Street, where it gets high exposure for the business! The hotel has been recently renovated, and offers a restaurant, a bar/lounge (was known as the Villa Pub), an on-site breakfast café/ coffee shop, kitchen, multiple storage spaces, a laundry facility that is available for the staff, as well as a conference/event space that is decorated with a beautiful stained glass ceiling! Many upgrades and updates have been added and has a spacious parking lot behind it! Call to View today!
Property Facts
| Price | $1,499,000 | Lot Size | 0.74 AC |
| Price Per Room | $37,475 | Building Size | 28,862 SF |
| Sale Type | Investment | No. Rooms | 40 |
| Cap Rate | 10.67% | No. Stories | 3 |
| Sale Conditions | 1031 Exchange | Year Built/Renovated | 1930/2016 |
| Property Type | Hospitality | Parking Ratio | 1.73/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | Opportunity Zone |
Yes
|
| Price | $1,499,000 |
| Price Per Room | $37,475 |
| Sale Type | Investment |
| Cap Rate | 10.67% |
| Sale Conditions | 1031 Exchange |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.74 AC |
| Building Size | 28,862 SF |
| No. Rooms | 40 |
| No. Stories | 3 |
| Year Built/Renovated | 1930/2016 |
| Parking Ratio | 1.73/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
Amenities
- Business Center
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 5 | $199.00 | - |
| Guest Room | 35 | $148.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 3531309003 | Improvements Assessment | $129,442 |
| Land Assessment | $40,615 | Total Assessment | $170,057 |
PROPERTY TAXES
Parcel Number
3531309003
Land Assessment
$40,615
Improvements Assessment
$129,442
Total Assessment
$170,057
zoning
| Zoning Code | C (Commerical) |
| C (Commerical) |
Learn More About Investing in Hospitality Properties
1 of 91
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Monte Villa Hotel | 925 1st Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.