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937 US Highway 24
Limon, CO 80828
Super 8 by Wyndham Limon · Hospitality Property For Sale · 12,306 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Year Built/Renovated | 1981/2017 | |
| Building Class | C | Parking Ratio | 2.6/1,000 SF |
| Lot Size | 2.67 AC | Corridor | Interior |
| Building Size | 12,306 SF |
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 2.67 AC |
| Building Size | 12,306 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1981/2017 |
| Parking Ratio | 2.6/1,000 SF |
| Corridor | Interior |
Amenities
- High Speed Internet Access
- Public Access Wifi
About 937 US Highway 24 , Limon, CO 80828
Excellent opportunity to purchase a Super 8 motel, along a major interstate, just an hour from Denver. This franchised motel in Limon has been trending well, especially after the Owner started reinvesting in the property this past year. Occupancy is up 14 points, with ADR stable at $65.00, in comparison to last year. The property is undergoing additional renovations, including vinyl flooring, beds, case goods, chairs, some lighting, mirrors and draperies. This investment is well priced at 3X the current revenue. The Super 8 Limon is strategically located at the SW corner of I-70 and Hwy 24. It is the first Motel off the I-70 exit, attracting a plethora of walk-in customers on a daily basis. The Super 8 Limon is highly visible and attractive to budget minded travelers and trucking related guests. The Flying J Travel Center and TravelCenters of America (TA Truck Stop) are only a few hundred yards away, along with many dining choices.
PROPERTY TAXES
| Parcel Number | 258518231001 | Improvements Assessment | $258,605 |
| Land Assessment | $24,703 | Total Assessment | $283,308 |
PROPERTY TAXES
zoning
| Zoning Code | C |
| C |
Learn More About Investing in Hospitality Properties
