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Mountain View Motel 406 Hwy 24 N

9 Room Hotel Buena Vista, CO 81211 $1,635,300 CAD ($181,700 CAD/Room)

Hotels Colorado Buena Vista 406 Hwy 24 N, Buena Vista, CO 81211

Investment Highlights

  • Heavy drive by traffic

Executive Summary

Discover a unique opportunity at this prime location on bustling HWY 24 as you enter Buena Vista. This property offers endless possibilities—whether you choose to update the existing motel for nightly rentals or monthly leases, or take advantage of the space to build a new structure. Located in an Opportunity Zone, you'll benefit from attractive tax incentives that make this investment even more enticing. Don’t miss out on the potential to capitalize on this high-traffic area and create a lucrative business venture!

Property Facts

Price $1,635,300 CAD Building Size 3,854 SF
Price Per Room $181,700 CAD No. Rooms 9
Sale Type Investment No. Stories 1
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
 Year Built 1950
Property Type Hospitality Parking Ratio 3.89/1,000 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 0.24 AC
Price $1,635,300 CAD
Price Per Room $181,700 CAD
Sale Type Investment
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.24 AC
Building Size 3,854 SF
No. Rooms 9
No. Stories 1
Year Built 1950
Parking Ratio 3.89/1,000 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.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 9 $113.76 CAD -
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PROPERTY TAXES

Parcel Number R327108444410 Improvements Assessment $67,943 CAD
Land Assessment $29,127 CAD Total Assessment $97,070 CAD

PROPERTY TAXES

Parcel Number
R327108444410
Land Assessment
$29,127 CAD
Improvements Assessment
$67,943 CAD
Total Assessment
$97,070 CAD

zoning

Zoning Code Highway Commercial (The HC district is intended to: Strengthen the Town’s economic base, and provide employment opportunities close to home for residents of the Town)
Highway Commercial (The HC district is intended to: Strengthen the Town’s economic base, and provide employment opportunities close to home for residents of the Town)
(970) 409-7938

Contact

  • Listing ID: 33475634

  • Date on Market: 2024-10-10

  • Last Updated:

  • Address: 406 Hwy 24 N, Buena Vista, CO 81211

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Mountain View Motel | 406 Hwy 24 N
(970) 409-7938 x

Mountain View Motel | 406 Hwy 24 N

Stewart Voutour

(970) 409-7938

(970) 409-7938

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