$725,000
For Sale

244 E High Street

Flagler, CO 80815
5288 sqft | 1.44 acres | #4473154
Listing OfficeRealty One Group Premier
Type:Purchase
Structure:Townhouse
Zone:Commercial

Description

Established roadside motel and RV park in Flagler, Colorado. Three deeded parcels included in sale. Includes brick 2 story owner's or manager's house attached to motel with office, lobby, and additional manager's quarters. Eleven guest rooms, recently remodeled, separate laundry room for laundering motel linens. RV parking pads with hookups for 10 RV's. One of the guest rooms is a 500 square foot free-standing building with fencing, suitable for longer term guest needs, able to accommodate a guest with a pet. Owner's or manager's house can be locked off for additional rental income. Flexible ways to use the current set-up. Manger/owner's house has an attached 2 car garage. So many possible ways to maximize income opportunities with this unique property with high visibility on I-70. Flagler is a quaint, friendly, small town offering a whole host of get away experiences. Old timey movie theater, quaint shops, restaurant diner, small grocery store, post office, parks, public pool, 9 hole golf course. Step back in time and enjoy the pace of Flagler, Colorado. Whether you are looking for an income producing investment or a place to call home while earning money hosting travelers, this might be just what you've been looking for! Motel rooms are almost always 100% rented. Many repeat customers from over the years. Put in some elbow grease to make this place really shine and nightly rates will correspond. Be creative and carve out a niche for AirBnB travelers with the larger suites to also increase income opportunities.

  • Property Details
      • Utility FeaturesCable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
      • Property SubtypeSpecial Purpose
      • Structure TypeLow Rise (1-3)
      • Sewer InformationPublic Sewer
      • CountyKit Carson
      • Property TypePurchase
      • Original List Price$749,900
      • MLS #4473154
      • MLS #4473154
      • Utility SourcePublic
      • Cost725000
      • Acres1.44
      • Square Feet5288
      • Year Built1939
      • Taxes Annual$254
      • Parking Spaces2

Location

Kari NealeighReal Estate Professional
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00