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26724842
26724841

602 E Cranston Fowler, Fowler, CO 81039

AS
CO CO FA.100081414
The Saucedo Group
RE/MAX Properties Inc
RE/MAX Properties
Listed by The Saucedo Group, RE/MAX Properties Inc, RE/MAX Properties
$595,000
278 days on market
Updated 88 days ago

602 E Cranston Fowler

Details
Property Type Retail, Hospitality
Sub Type Hotel, Motel (+1)
Square Footage 5,620
Cap Rate 12.90%
Occupancy 90%
Tenancy Multi
Lease Type Gross
Price per SqFt $110
Stories 1
Zoning C
Parking Spaces 18 spaces
Parking Per SqFt 3.20

Fowler Inn Generates Strong Cash Flow with Huge Upside Potential

Marketing description

Established Motel presents a Phenomenal Opportunity, Expansive Parking Lot, 2 Car Garage Features 16 units, an office area, studio apartment, & a spacious 1,400 square-foot living quarter with 3 bedrooms and 2 bathrooms. Updates include A/C in units, Water Heaters, Boiler, Flooring, Paint and fixtures. Expand your Hospitality Business for an Extended Stay, Transitional Housing, Hospice Care, Traveling Professionals. If you Can Imagine it, you can do it! This motel stays busy all summer & Spring, Fall Hunting. Has Nearly 2 acres, Hwy Frontage Exposure for Great Billboard Opportunity, additional buildings; 24 x 32 Garage with 29-foot-Wide Doors operated by Electric Remote Controls, 8 x 30 Workshop which is for sale separately, 30 x 20 Insulated Shop, and 2 Sheds. Additionally, there’s a 40 x 10 Parking Shed, all of which can be rented out for extra income. Highway Exposure attracts repeat guests from Kansas, Oklahoma, and Texas who are traveling to Denver. Opportunity Knocks!

Highway 50 to Fowler. Motel is Right on Highway 50 at the East End of Town

Hotel/Motel/w Living Quarters

Listing Contacts

AS
CO CO FA.100081414
The Saucedo Group
RE/MAX Properties Inc
RE/MAX Properties
Listed by The Saucedo Group, RE/MAX Properties Inc, RE/MAX Properties

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Additional Information

Name
ANITA SALAS
License
CO FA.100081414
Brokerage
Remax Properties INC
Brokerage Phone
7199242843
Title
Associate Real Estate Broker
Brokerage Address
102 South Tejon Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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