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Four Room Bed & Breakfast Inn TBD E Main St

7 Room Hotel Montrose, CO 81401 $1,200,000 ($171,429/Room) 7.15% Cap Rate

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Investment Highlights

Guest Check In Area
Private Patios, Outdoor pool
Seller Financing Available

7 Suites, 4 Bathrooms
Main Street Access & Visibility, Walking Distance to Restaurants

Executive Summary

PROJECTED NOI: $85,800 (AIRDNA)
PROJECTED Net Cap Rate 7.2% (AIRDNA)
Four (Potential 5) Room Bed & Breakfast Inn in Montrose, Colorado, presents an exceptional investment opportunity, ideal for various ventures such as boutique hotels, Airbnb, lifestyle accommodations, or wedding venues. Once subdivision is complete this property is expected to generate $85,800 in NOI with a projected 7.2% net cap rate (AIRDNA Source).
The interior includes a welcoming guest check-in area, four (potentially five) elegantly designed suites, and four well-appointed bathrooms. Cozy fireplaces enhance the ambiance, while five separate entrances provide convenience and privacy.
Located within walking distance of local eateries, including a Mexican restaurant and a bar, the property also features a manager's live-in suite complete with a bathroom and kitchen. Guests will appreciate amenities like an outdoor pool, a designated cooking area, and private patios. Ample parking is available, accommodating up to 15 vehicles.
Situated just minutes from the Montrose Regional Airport, this property is the perfect gateway to the Tellu-ride ski resort, Silverton, and various year-round recreational activities. Its convenient proximity to popu-lar destinations such as Ridgeway, Ouray, Grand Junction, and Durango makes it a prime location that should not be overlooked.
Property Facts: • 3,700 Square Feet • 0.57 Acres • Guest Check In Area • Manager Live In Suite (Includes Bathroom & Kitchen) • 4 Suites (Potential 5) • 4 Bathrooms • Fireplaces • 5 Separate Entrances • Private Patios • Exterior Cooking Area • Outdoor Pool • 15 Parking Spaces • Main Street Access & Visibility • Walking Distance to Restaurants • Seller Financing Available
Montrose Facts: • Elevation: 5,807 • Population: 21,003 (2022) • Total Area: 18.5 Square Miles • Found-ed 1882

TBD Montrose.

Property Facts

Price	$1,200,000	Building Size	3,700 SF
Price Per Room	$171,429	No. Rooms	7
Sale Type	Investment	No. Stories	1
Cap Rate	7.15%	Year Built/Renovated	1955/2013
Property Type	Hospitality	Parking Ratio	4.05/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.57 AC

Price	$1,200,000
Price Per Room	$171,429
Sale Type	Investment
Cap Rate	7.15%
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.57 AC
Building Size	3,700 SF
No. Rooms	7
No. Stories	1
Year Built/Renovated	1955/2013
Parking Ratio	4.05/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.