1210 S. Main Street, Lamar, CO
Others for Sale - $625,000 - 15,468 Sq. Ft. on 2.5 acres
Property Info
| CIMLS# | 930660 |
| Location 1210 S. Main Street Lamar CO 81052 | |
| Updated | January 30th, 2018 |
| Type | Others |
| Price | $625,000 |
| Building | 15,468 Sq. Ft. |
| Land | 2.5 acres |
Property Description
Chek Inn Motel is very well maintained 40-Unit Motel that sits on approximately 2.5 acres along Main street in Lamar, CO. The Motel has a 4-Bedroom apartment for an onsite manager that is fully furnished.
All financials and a list of the FF & E will be included in the sale, a list will be provided to all qualified Buyers.
The Motel is equiped with a outdoor swimming pool, laundry facility, plenty of truck parking.
Location Description:
Located in Southeast Colorado in the high plains. The location has consistent traffic from travelers traveling from Texas and Kansas to and from Colorado. Because of its location and parking lot size, this motel accommodates many semi truck drivers.
30 Miles from the Kansas Border
70 Miles from Oakland Border
2 hours from Pueblo
3 hours from Colorado Springs
3.5 hours from Denver
Highlights:
>> Absentee ownership major upside potential for owner operators
>> Positive Cash-Flow
>> Live in Management Quarters
>> Off of Highway with highway visibility
>> Great for first time hoteliers
Financials
Sales Info:
>> Commision split: 2.0%