40-Unit Motel for Sale and the Tourist Draw thru Lamar Colorado Real Estate
Come as a tourist, come to stay! Lamar Colorado real estate in Arkansas Valley is ready to draw folks in a little closer. We’ve got a well-maintained 40-unit motel for sale in Lamar and it has great exposure. Some of our local attractions may bring you thru southeastern Colorado.
This profitable business opportunity could entice you to stay. Turnkey ready, this charming motel features a two-bedroom/two-bath manager’s apartment.
Commercial Lamar Colorado Real Estate – Details
Business Type: Hotel/Motel
Address: 1210 S. Main Street, Lamar, CO 81052
Building Square Feet: 16,485
Acreage: 2.396 acres/104,370 square feet
Units: 40 units with a variety of room configurations
Price: $985,000
The motel property is ready to go with a roof sign and all. Its new owners will be happy to know that existing furniture and fixtures come with it. The office and lobby remodel added a complimentary breakfast bar. Upgrades continue. Rooms received new paint and laminate flooring. There’s a new roof, resurfaced paved parking lot.
Plus, the swimming pool sparkles as it waits for spring weather. The happy new investors will notice designated truck parking and a security system. Move a manager into the apartment. Turn on the lights, advertise and be ready to welcome new guests to the many refreshed rooms for rent.
Why People Come to Lamar Colorado
Folks travel through Lamar for many reasons. When out for a drive through the heart of America, folks may stop by for some welcoming spirit. Our town of 8000 lies between the heart of Kansas and routes heading into New Mexico. People often cut down on Highway 287 from Interstate 70, or vice versa. And then come through to and from Amarillo, Texas.
Our prices are fair and our people friendly. Truckers appreciate the warm welcome. Interesting attractions sooth the heart and allow for good old-fashioned explorations. Take, for example, any of the following places to stop off:
- Big Timbers Museum
- Colorado Welcome Center
- Petrified Wood Gas Station
- Willow Creek Nature Trail
- Pike’s Tower
- North Gateway Park
- The Madonna of the Trail
- Gobblers Knob
- Spreading Antlers Golf Course
Central Lamar Location
The excellent central location ups the allure of purchasing a 40-unit motel for sale in Lamar. The property sits south of the junction of Highway 50 and Highway 287. Anyone passing through Prowers County can find it. From Highway 287, go south past Roe Avenue and turn east into the hotel entrance.
Real Estate Agents – SE Colorado
This fine investment property could be turning a profit in a jiffy. For more information about this motel for sale, call Gene Cruikshank at (719) 336-7802. The address of Cruikshank Realty is 20 S. Main Street, Lamar, CO 81052.