This could also be an excellent opportunity for redevelopment and/or remodel of the existing motel and open your own boutique motel. Could continue to operate the existing motel for cash flow in advance of redevelopment. Tourism in the area has stayed strong through the down economy, and the number of visitors coming to the area is increasing. This well-established motel operation caters to tourists during all seasons, and offers extended stay rates as well for those needing something more long-term. This 35 room motel is located on a busy stretch of Main avenue, with 175' of Main Avenue frontage and a highly visible signage. The property is located within walking distance to several popular restaurants, a full service grocery store, retail shopping, the Durango Rec Center, and the Animas River Trail. For more information, contact listing broker Todd Sieger at Caldwell Banker at firstname.lastname@example.org.
Created on July 26th, 2015 (last updated 5 months ago)