Coyote Motel | 5312 Highway 119
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Coyote Motel 5312 Highway 119
30 Room Hotel Black Hawk, CO 80422 $3,543,675 CAD ($118,122 CAD/Room)
Executive Summary
This property features 30 total units, including Airbnb-ready rooms and a private 2-unit cabin, offering a versatile mix ideal for both short-term rentals and long-term tenants. The 3 double-bed rooms, 17 single-bed rooms, and 6 short-term Airbnb units provide flexible accommodation options, while the secluded 2-unit cabin at the back is perfect for workforce housing or premium rentals. Located near the Monarch Casino, this property is ideally suited for accommodating employees or contractors, with flexible weekly rental terms to meet short-term housing needs. Recent improvements include the electrical system being fully upgraded to underground wiring, refreshed landscaping, and interior room renovations. The property operates on an independent well and septic system, ensuring reliable water sourcing. Additionally, the extra land behind the hotel presents an excellent expansion opportunity to further increase revenue streams. The seller, a creative investor, is open to exploring options such as lease purchase or seller carry, providing flexibility for potential buyers.
Property Facts
| Price | $3,543,675 CAD | Building Size | 11,000 SF |
| Price Per Room | $118,122 CAD | No. Rooms | 30 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1963 |
| Property Subtype | Hotel | Parking Ratio | 2/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.71 AC |
| Price | $3,543,675 CAD |
| Price Per Room | $118,122 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.71 AC |
| Building Size | 11,000 SF |
| No. Rooms | 30 |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 2/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 5 | $161.59 CAD | - |
| Guest Room | 25 | $148.83 CAD | - |
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PROPERTY TAXES
| Parcel Number | R002960 | Improvements Assessment | $111,036 CAD |
| Land Assessment | $15,260 CAD | Total Assessment | $126,296 CAD |
PROPERTY TAXES
Parcel Number
R002960
Land Assessment
$15,260 CAD
Improvements Assessment
$111,036 CAD
Total Assessment
$126,296 CAD
zoning
| Zoning Code | PUD (Commercial) |
| PUD (Commercial) |
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Coyote Motel | 5312 Highway 119
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