For Sale
$749,900

244 High StFlagler, CO 80815

Flagler, CO: Income-producing hospitality gem

Overview

Added:
Dec 11, 2024
Days on market:
117
This established Flagler, Colorado motel and RV park presents a unique investment opportunity. The property encompasses three deeded parcels totaling 1.5 acres and features a 5,288 square foot main building constructed in 1939 and extensively renovated in 2023. The complex includes eleven recently remodeled guest rooms, a separate laundry room, and ten RV parking spaces with hookups. A unique feature is a 500 square foot free-standing guest room, fenced for privacy and pet-friendly accommodations. Additionally, a two-story brick owner's/manager's house is attached to the motel, offering an office, lobby, additional living quarters, and a two-car garage. This section can be easily locked off for separate rental income. The property boasts high visibility on I-70, benefiting from consistent occupancy and repeat customers. The motel's location in the charming town of Flagler provides access to local amenities including a movie theater, shops, restaurants, a grocery store, post office, parks, a public pool, and a nine-hole golf course. The property's flexible layout allows for diverse income streams, including potential for AirBnB rentals. With 23 keys and a proven track record of high occupancy, this property offers a compelling blend of established income and future growth potential. The asking price is $749,900. The permitted zoning is for motel and RV use.

Highlights

  • Established Flagler, CO motel and RV park on 1.5 acres.
  • 5,288 SF main building (1939 construction, extensively renovated 2023) with 11 remodeled guest rooms, laundry, and 10 RV spaces with hookups.
  • Includes a 500 SF detached guest room and a two-story owner's house with office, lobby, living quarters, and two-car garage.
  • High visibility on I-70, strong occupancy, and diverse income potential.
  • 23 keys, asking price $749,900, zoned for motel and RV use.

Property Details for 244 High St

Property type
Hospitality properties, Motels
Square Feet
5,288 SF
Year Built/Renovated
1939/2023
Buildings
3
Stories
1
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Flagler
County
Kit Carson
State
Colorado
Latitude
39.287802
Longitude
-103.0627968
244 High St, Flagler, Colorado

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244 High St
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