1415 Grand Avenue
About this property
Back on Market. The perfect opportunity to purchase a well maintained Motel, in a unique Western Colorado ranch town, at a super-low price. The Norwood Inn is now available offering a 14% CAP Rate for an Absentee Owner/Investor! All 12 rooms are equipped with kitchen and bath and have been upgraded throughout the past 4 years. Owner/Manager unit is adjacent to the office/front desk area. The Inn is in a prime downtown location with plenty of off street parking, and close proximity to restaurants and a grocery store. Regular guests include business travelers and contractors, (who typically are extended stay), as well as tourists, hunters, skiers, and other outdoor enthusiasts. Telluride Ski & Golf Resort is just 45 minutes away with Shuttle service stop directly in front of Motel. This Property will not last long at this price! Find the Motel website for additional details and photos.
Features and Additional Information
Presented By Ken Van Skiver
West End | San Miguel CO County |
Schools in the Area