1200 Main Street
Silt, CO 81652

$2,500,000

Description

Here's the deal. Owner will carry. This hotel has 47 rooms that can rent for an average of $65.00 per day - 70% of the year. Do the math You'll need 6 employees. 3 on the desk. 2 housekeepers and 1 maintenance person. There will be a need to have a contingency fund for misc stuff that pops up. Now, If you can't run a hotel based on that, you should not be in the hospitality industry. Past performance of this hotel is great. It will be up to you to keep it up. You will either succeed or fail. No financial report is going to change that. If you would like to talk about it more, call me. This is a great opportunity for someone to purchase a 6-figure job and open themselves up to tremendous opportunities that the hospitality industry can offer.

Details

MLS#154939
Sub-TypeResale
StatusActive
Year1981
Days On Site327

Features

SQ Feet17,880
Story(s)0
ZoningB-2 Business dist

Loading Form

Loading Form

Area Information

StateCO
CountyGarfield
CitySilt
Zip Code81652
AreaSilt
Listing VS Median (in 81652)
Price:
$2,500,000
low | high
Med:
$370,000
100% of Average
SqFt:
17,880
low | high
Med:
2,570
100% of Average
$ / SqFt:
$140
low | high
Med:
$149
43.433046268152% of Average
On Site:
327
low | high
Med:
160.5
100% of Average
Listing Updated: 05/20/2019
MLS Number: 154939
Listing Provided By:
Todd Ambrose  of  Coldwell Banker Mason Morse

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Aspen Board of Realtors MLS.

Real Estate Links Our Domains