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    21625 W Us Highway 160

    Durango, CO 81301
    • $1,350,000
    • STATUS: Active Under Contract
    • ON SITE: 155 days
    • MLS #: 778948
    Under Contract
    UPDATED: 57 min ago
    $1,350,000
    • 0
      BEDS
    • 1.6
      ACRES
    • 16
      BATHS
    • 0
      1/2 BATHS
    • 7,778
      SQFT
    • $174
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1984
    County:

    School Ratings & Info

    Listing courtesy of Exp Realty, Llc.


    Description

    This is one of the cleanest, neatest lodging properties in the area. Well known for its signage "Last hotel for 150 feet" Current owner has operated property since 2014 and has done extensive capital improvements: new roof, new floors in all of the rooms, new furniture, all new beds and mattresses, upgraded Wifi and boosted, created 2 more rentals units and more. At one time, this property was approved for 40 condo units. Owner is in possession of these plans, if next buyer is interested. This property is a cash cow. Seller is the listing agent.

    Monthly Payment Calculator

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-07-29T19:56:26.577.
    www.durangomountainrealty.com/homes/114436545
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    21625 W Us Highway 160 Durango, CO 81301

    • Price: $1,350,000
    • Status: Active Under Contract
    • Updated: 57 min ago
    • MLS #: 778948
    0
    Beds
    16
    Baths
    0
    ½ Baths
    1.6
    Acres
    7,778
    SQFT
    $174
    $/SQFT
    1984
    Built
    Neighborhood:
    Durango In Town
    County:
    La Plata
    Area:
    Durango In Town
    Property Description
    This is one of the cleanest, neatest lodging properties in the area. Well known for its signage "Last hotel for 150 feet" Current owner has operated property since 2014 and has done extensive capital improvements: new roof, new floors in all of the rooms, new furniture, all new beds and mattresses, upgraded Wifi and boosted, created 2 more rentals units and more. At one time, this property was approved for 40 condo units. Owner is in possession of these plans, if next buyer is interested. This property is a cash cow. Seller is the listing agent.
    Exterior Features

    Carport No Lot Dimension 1.6 AC Stories 2 Water Well No Waterfront YN No

    Interior Features

    Finished Sq Ft 7778 Furn Fixt Equip All BedsTvsFurnitureEquipmentUsed For Biz One Quarter Baths 0 Total Offices 0

    Property Features

    Books Available No Cam No Cap Rate Percent 8 Covenants No Current Business Wapiti Lodge Current Use Lodging Desc Of Business Hotel/Motel Exchange Trade No Fixtures Included No Gross Scheduled Income 400000 Inventory Included Yes Lease Included No New Construction YN No Owners Association No Possible Property Use Lodging Real Estate For Sale Yes Reo Lender Owned No Tax Year 2020 Total Electric Meters 1 Total Gas Meters 1 Total Taxes $8789.16 Total Water Meters 1 Type Hotel/Motel Variable Rate No Water Rights No Year Started 1984

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-07-29T19:56:26.577.
     
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    Durango Mountain Realty
    PO Box 17000
    Durango CO, 81302
    Listing courtesy of Exp Realty, Llc.