1702 E Main Street

Description

Rare Investment Opportunity: Lodging, RV Park & Boutique Bed & Breakfast " Montrose, CO Diversified Hospitality Asset in a Booming Colorado Destination This is your chance to acquire a turnkey, multi-faceted hospitality portfolio in the heart of one of Colorados most scenic and rapidly expanding markets"Montrose. This rare investment opportunity combines: A 58-key lodging property A fully equipped 20-spot RV park (Will be delivered Entitled " ready to build) An optional Boutique Bed & Breakfast add-on, fully subdivided and ready July 2025 ________________________________________ Positioned just minutes from Montrose Regional Airport (direct flights from Denver, DFW and other major airports) and nestled between popular destinations like Telluride, Ouray, Ridgway, and the Black Canyon National Park. This property is ideally located to capture year-round tourism, outdoor recreation, and drive-to traffic. ________________________________________ Lodging Property Highlights: Size: 32,866 SF | Acreage: 3.25 Acres 58 exterior corridor rooms Strong performance: $1M Yearly Revenue With 70% yearly occupancy Attractive basis: Priced at only $65,000 per key Recent capital improvements of $150,000, including: o New PTAC units (17 Rooms) o Foundation and structural upgrades o Framing, plumbing, and new paint Modernized guest amenities: o Renovated lobby with indoor/outdoor seating o Business center & fitness room o Restrooms with showers o Flexible branding: keep or remove Wyndham flag ________________________________________ RV Park Features: (ONCE BUILT) 20 dedicated RV spots with individual hookups Shared access to top-tier guest amenities: Club House - Already Built o Lounge area o Laundry room o Fitness center o Restrooms & showers o Indoor/outdoor dining area Stabilized projected income: $200,000 " $250,000 annually Strategically positioned to attract seasonal travelers, RV nomads, and adventure tourists ________________________________________ Bed & Breakfast Expansion Opportunity (Subdivision Finalizing July 2025) 4-room suite B&B with private entrances and en-suite bathrooms Total area: 3,700 SF | Lot size: 0.57 Acre Designed for upscale short-term rental or hosted stays Features include: o Guest check-in station o Outdoor pool o Covered cooking area with built-in hood & fireplaces Can be operated independently or as an upscale extension of the main property ________________________________________ Location Advantages: Minutes from Montrose Regional Airport " Direct Flights From Denver, DFW Easy drive to Telluride, Silverton, Ridgway, Ouray, and the Black Canyon of the Gunnison A growing base of year-round tourism, hunting, national park visitors, and outdoor adventure travelers ________________________________________ Investment Summary: Component Key Metrics Lodging Property 58 rooms Offered at $3.800M + RV Land $400k RV Park 20 spots, projected income $200K+ B&B Add-On 3,700 SF on 0.57 acres, 4 private suites (Offered at $850k) Total Acreage 3.82 Acres (combined) Branding Option Franchise (Wyndham) or Go Independent ________________________________________ Why Invest Now? Peak tourism season approaching Value-add NOI upside projected $185k yearly - with flexible branding & B&B launch High-demand hospitality submarket with growing regional traffic Diversified revenue streams from rooms, RV, and boutique hospitality Schedule a private tour today and secure this unique Colorado hospitality asset before summer demand surges.