Investment Opportunity: 4 (Potential 5) Room Bed & Breakfast Inn
Property Description
PROJECTED NOI: $73,500 (AIRDNA) PROJECTED Net Cap Rate 13% (AIRDNA) Four (Potential 5) Room Bed & Breakfast Inn in Montrose, Colorado, presents an exceptional investment opportunity, ideal for various ventures such as boutique hotels, Airbnb, lifestyle accommodations, or wedding venues. Once subdivision is complete this property is expected to generate $73,500 in NOI with a projected 13% net cap rate (AIRDNA Source). The interior includes a welcoming guest check-in area, four(potentially five) elegantly designed suites, and four well-appointed bathrooms. Cozy fireplaces enhance the ambiance, while five separate entrances provide convenience and privacy. Located within walking distance of local eateries, including a Mexican restaurant and a bar, the property also features a manager's live-in suite complete with a bathroom and kitchen. Guests will appreciate amenities like an outdoor pool, a designated cooking area, and private patios. Ample parking is available, accommodating up to 15 vehicles. New exterior paint in 2025. Situated just minutes from the Montrose Regional Airport, this property is the perfect gateway to the Telluride ski resort, Silverton, and various year-round recreational activities. Its convenient proximity to popular destinations such as Ridgeway, Ouray, Grand Junction, and Durango makes it a prime location that should not be overlooked. Property Facts: • 3,700 Square Feet • 0.57 Acres • Guest Check In Area • Manager Live In Suite (Includes Bathroom & Kitchen) • 4 Suites (Potential 5) • 4 Bathrooms • Fireplaces • 5 Separate Entrances •Private Patios • Exterior Cooking Area • Outdoor Pool • 15 Parking Spaces • Main Street Access & Visibility • Walking Distance to Restaurants • Seller Financing Available Montrose Facts: • Elevation: 5,807 • Population: 21,003 (2022) • Total Area: 18.5Square Miles • Founded 1882
Listing Info
- ID:
- 2384305
- Listing Views:
- 199
Listing ID: 2384305 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.