925 1st Ave - Hospitality FOR SALE


Monte Vista, CO 81144
$1,499,000 USD
719-852-0450
925 1st Ave, Monte Vista, CO for Sale
$1,499,000 USD
Hospitality - FOR SALE
1/90
null | 10.67% Cap Rate

925 1st Ave
Monte Vista, CO 81144


OVERVIEW

The Monte Villa is a historic enterprise that was built in the 1930's. This beautiful hotel offers 40 rooms, full bathrooms, a managers suit, tax benefit's for the right owner, and is in a high traffic area right on Main Street, where it gets high exposure for the business! The hotel has been recently renovated, and offers a restaurant, a bar/lounge (was known as the Villa Pub), an on-site breakfast café/ coffee shop, kitchen, multiple storage spaces, a laundry facility that is available for the staff, as well as a conference/event space that is decorated with a beautiful stained glass ceiling! Many upgrades and updates have been added and has a spacious parking lot behind it! Call to View today!

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$52 USD /SF

# OF ROOMS

40

PRICE/ROOM

$37,475 {currency}

CAP RATE

10.67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Monte Villa Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1930

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

C

APN/PARCEL ID

3531309003

ASK ABOUT THIS PROPERTY

Tracy GosarLegends Premier PropertiesMore Info
719-852-0450

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Tracy GosarLegends Premier PropertiesMore Info
719-852-0450

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.