304 E Highway 50,  Salida CO, 81201 (Active)

$849,000
|
17 beds, 17 baths, 7,278 sqft
|
MLS# 1599897
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Last Updated: 9/21/2017 11:17 PM
Description for 304 E Highway 50 Salida, CO 81201
Own a 17 room motel in Salida, Colorado. Cap rate of 11.4%. Manager's quarters have been completely remodeled and include 3 bedrooms, 1 bath, and private fenced in yard. Basement has 1 bedroom, 1 bath to house your cleaners. Guests enjoy the motor lodge style parking outside their room. Rooms are clean and simple. Motel is very popular, currently offering the best rates in town. Property includes guest laundry facilities, courtyard with mature trees and very unique retro motel sign with chasing lights.
This Other property in Salida, CO, MLS # 1599897, is located in the neighborhood of None. 304 E Highway 50 is within the Salida R-32 School District, served by SALIDA High School, SALIDA Middle School, and LONGFELLOW Elementary School.
Price
$849,000
None
Chaffee
17
17
7,278 (approx)
1599897
NEW LISTING
Description
Own a 17 room motel in Salida, Colorado. Cap rate of 11.4%. Manager's quarters have been completely remodeled and include 3 bedrooms, 1 bath, and private fenced in yard. Basement has 1 bedroom, 1 bath to house your cleaners. Guests enjoy the motor lodge style parking outside their room. Rooms are clean and simple. Motel is very popular, currently offering the best rates in town. Property includes guest laundry facilities, courtyard with mature trees and very unique retro motel sign with chasing lights.
Listing Information for 304 E Highway 50 Salida, CO 81201
Property Type: Other Ranch, Mobile Home 17
17 0.71 Acres
7,278 (approx) 1960 Yes-1 space
Brick, Wood Siding, Frame
None
7,278 Sq. Ft. (approx)
17 Total
Neighborhood
School Information
District: Salida R-32
LONGFELLOW SALIDA SALIDA
Room Information
Interior Features
6,246 Sq. Ft. Above Ground ,1,032 Sq. Ft. Below Ground
Dishwasher, Disposal, Dryer, Microwave Oven, Refrigerator, Self-Cleaning Oven, Washer
Vinyl, Wood
Ceiling Fan(s)
Gas Heat, Hot Water, Radiant
Partial
Alarm -Smoke/Fire,
Updated, Window Coverings
Exterior / Lot Features
1 Garage Spaces, 28 Parking Spaces,
Wood, Brick, Frame
Patio
Rolled
City
Commercial
Fenced (any type)
Gas Grill, Shed / Utility Building, Corner, Paved Road
Driving Directions
Highway 50 & D Streets in Salida
Financial Considerations
R380705320114
$3,827
2016
Listing Price History

Salida Real Estate

Salida is located in Colorado. Salida, Colorado 81201 has a population of 5,467.

The median household income in Salida, Colorado 81201 is $38,570. The median household income for the surrounding county is $48,528 compared to the national median of $53,482. The median age of people living in Salida 81201 is 46.3 years.

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Courtesy: Anne Graf - Colorado Mountain Realty
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