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24706242

250 E Main St, Limon, CO 80828 For Sale

KM
CO FA100090688, FL SL3636537
Engel & Völkers Denver
Listed by Engel & Völkers Denver
$1,650,000
178 days on market
Updated 88 days ago
Opportunity zone

Coyote East Motel

Details
Property Type Hospitality
Sub Type Motel
Keys 39
Cap Rate 14.75%
NOI $243,314
Acreage 1.030
Zoning CH3

Renovated 39-room motel off I-70 with strong income, parking, and zoning flexibility

Marketing description

Coyote East Motel is a renovated 39-room independent motel located at 250 E Main St, Limon, CO 80828. The property features updated interiors, modern systems, and is positioned on a 1.03-acre parcel with 75 surface parking spaces (1.92 per room). Zoned CH3, the site allows for potential future expansion, additional units, or accessory uses.

Located just off I-70 with visibility to over 4,000 vehicles daily, the motel captures steady demand from overnight travelers, workforce housing, and long-term rentals. The asset operates without franchise restrictions and is equipped with high-speed internet, public Wi-Fi, and smoke-free amenities.

This turnkey property produces reliable revenue with a strong occupancy base and low turnover. Positioned within a growing logistics corridor supported by regional infrastructure and energy projects, Coyote East Motel offers durable income with opportunities to optimize ADR and reduce expense leakage.

Investment highlights

  • Renovated 39-room independent motel with updated interiors and modern systems—fully repositioned for long-term durability

  • Located just off I-70 with over 4,000 vehicles passing daily—perfect visibility for capturing overnight and extended-stay traffic

  • 1.03-acre parcel with 75 surface parking spaces (1.92 per room) provides flexibility for guests, truckers, and work crews

  • Zoned CH3, offering future upside for expansion, additional units, or accessory uses

  • Reliable revenue from transient guests, workforce housing, and long-term rentals—strong occupancy base with low turnover

  • Serves a steady demand base including overnight travelers, workforce housing, and contractors

  • Equipped with high-speed internet, public Wi-Fi, and smoke-free amenities

  • Positioned in a growing logistics corridor with sustained demand from regional infrastructure and energy projects

  • Operates without franchise restrictions—ideal for self-management or branding

  • Turnkey cash-flowing asset with room to optimize ADR and reduce expense leakage

Listing Contacts

KM
CO FA100090688, FL SL3636537
Engel & Völkers Denver
Listed by Engel & Völkers Denver

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$243,314.00
$20,276.17/mo

Valuation Metrics

0
DSCR
14.75%
Cap Rate
14.75%
ROI

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Additional Information

Name
Kayla Mahoney, CCIM.
License
FA100090688
Brokerage
Engel Voelkers
Brokerage Phone
(720) 951-3724
Title
Commercial Real Estate Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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