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2124 S Main St
Delta, CO 81416
Value Lodge Inn · Hospitality Property For Sale · 36 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 36 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1977 |
| Lot Size | 0.72 AC | Parking Ratio | 1.2/1,000 SF |
| Building Size | 10,720 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 10,720 SF |
| No. Rooms | 36 |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1.2/1,000 SF |
| Corridor | Exterior |
Amenities
- On-Site Retail
About 2124 S Main St , Delta, CO 81416
Please do not disturb the hotel guests or employees. Please contact the listing broker with any inquires. Investment Highlights Prominent location on Main St./Highway 50 - 16,000 VPD Outdoor Pool Revenue multiple - 2.63-2.99 Investment Overview The subject property is an 36 room exterior corridor hotel located in Delta, CO. The Roadway branded hotel is prominently situated along S Main St. on the southern side of Delta, highly visible to all traffic traveling into town from the south. The .72 acre parcel provides for plenty of parking for hotel guests. The property features a pool and very convenient access to Main St. which has an average traffic count of around 16,000 VPD. The property currently has an occupancy around 45% and an NOI of $81,000 making it an attractive opportunity for a value-add investor looking for in-place cash flows.
PROPERTY TAXES
| Parcel Number | R013437 | Improvements Assessment | $270,389 |
| Land Assessment | $29,263 | Total Assessment | $299,652 |
PROPERTY TAXES
zoning
| Zoning Code | LI (Lodging Improvements) |
| LI (Lodging Improvements) |
