This is one of the cleanest, neatest lodging properties in the area. Well known for its signage "Last hotel for 150 feet" Current owner has operated property since 2014 and has done extensive capital improvements: new roof, new floors in all of the rooms, new furniture, all new beds and mattresses, upgraded Wifi and boosted, created 2 more rentals units and more. At one time, this property was approved for 40 condo units. Owner is in possession of these plans, if next buyer is interested. This property is a cash cow. Seller is the listing agent.
MLS# | 778948 |
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Listing Type | For Sale |
Style | Hospitality |
Sub-Type | Resale |
Status | Active |
Year | 1984 |
Days On Site | 3 |
SQ Feet | 7,778 |
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Story(s) | 2 |
Units | 16 |
Zoning | Mixed Used, Res and Comm |
Area Information | |
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State | CO |
County | La Plata |
City | Durango |
Zip Code | 81301 |
Area | Durango In Town |
Listing VS Median (in 81301) | |
Price: $1,500,000 low | high Med: $412,500 SqFt: 7,778 low | high Med: 1,595 $ / SqFt: $193 low | high Med: $260 On Site: 3 low | high Med: 116.5 |