2751 Commercial Way | Montrose, CO 81401
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2751 Commercial Way
Montrose, CO 81401
Quality Inn & Suites Montrose · Hospitality Property For Sale · 28,007 SF
Investment Highlights
- Three-Story, 52-Room, Choice Hotels-Branded Hotel Situated 4 Miles from Montrose Regional Airport
- Surrounded by Nationally Acclaimed Retailers, Restaurants, and Entertainment Amenities
- 2022 RevPAR Penetration Index of 109 Percent and Four-Year RPI Average of 107 Percent (2019-2022)
- Highly Visible and Easily Accessible from Highway 550
- Multitude of Business Headquarters Including Ross Reels, Abel Reels, Airflo USA, Scott Fly Rods, Avient-Gordon Composites, and Colorado Yurt Company
- 2022 Room Revenues Nearly Reached $1.8 Million While Maintaining an NOI of nearly $799 Thousand
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2003 |
| Building Class | C | Parking Ratio | 2.1/1,000 SF |
| Lot Size | 1.24 AC | Corridor | Interior |
| Building Size | 28,007 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.24 AC |
| Building Size | 28,007 SF |
| No. Stories | 3 |
| Year Built | 2003 |
| Parking Ratio | 2.1/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
PROPERTY TAXES
| Parcel Number | R0016867 | Improvements Assessment | $1,264,467 |
| Land Assessment | $180,656 | Total Assessment | $1,445,123 |
PROPERTY TAXES
Parcel Number
R0016867
Land Assessment
$180,656
Improvements Assessment
$1,264,467
Total Assessment
$1,445,123
zoning
| Zoning Code | B3 |
| B3 |
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