223 Santa Fe Ave
- Excellent location in Alamosa, with great highway exposure and high traffic counts
- Growing tourist market in close proximity to Great Sand Dunes National Park
- Excellent property for first time hospitality investor or owner occupant
- Popular Wyndham franchise affiliation
- Great property for an owner lifestyle business
- Owner/Manager apartment unit
- Seller financing available
Property Description
Opportunity for an owner operator or investor to own a budget friendly franchise hotel in a growing tourist market in southern Colorado. Close to recreational opportunities including the Great Sand Dunes National Park, La Veta Pass, and Wolf Creek ski area. Located on busy U.S. HIghway 160, with good traffic counts. The price point is attractive for an entry level operator. There is expansion potential, as there is more than three quarters of an acre of surplus land included in the price. Possible conversion to apartments if desired. Seller financing is available.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $1,500,000 |
| No. of Units: | 32 |
| Average Occupancy: | 9.59 |
| Year Built: | 1986 |
| Lot Size: | 1.38 Acres |
| Opportunity Zone: | No |
| Price per unit: | $46,875 |
| Property Website | Click Here |
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