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Motel And Rental Homes Near Telluride Ski Resort
Location: United States -> Colorado -> Norwood
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

(1) 13 Unit All Suites Motel (asking $539,000). Each unit has kitchen & private bath. Remodeled from studs inward - electrical, plumbing, drywall, flooring, cabinets, fixtures, windows. Center of town on State Hwy. Next door to food market and laundromat - Walk to all restaurants & services. Avg sales are $150,000 with CAP 21%!

(2) Six furnished & rehabb'd homes, 3 are 2 bed/1 bath and 3 are 3 bed/2 bath on 2.5 acres of commercially zoned property with State Hwy frontage. (asking $429,000) Rented by the motel on a short or long term basis. Extremely busy Spring through Fall to industry crews. Completed redid the sewer drainage system Nov 2011. 20 GPM decreed well supplies water. All utilities are installed. Avg $65,000 sales per year.

This is a completely turnkey business opportunity of a rental portfolio! However, we will separate the two and sell just one of the two properties.

Located just 32 miles west of world class Telluride Ski & Golf Resort.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $210,000
Cash Flow:   $172,000
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  1995
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Hotel Mngt Software. Length of on-site training to be negotiated.
Reason For Selling:  Health.




Print Listing Id: 700165118
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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