For Sale
$4,650,000

505 Main St Cortez, CO 81321

Prime Cortez Hotel, ideal location, high ROI potential.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional hospitality investment opportunity presents a thriving Super 8 by Wyndham hotel located at 505 E Main St, Cortez, CO 81321. Priced at $4,650,000, this property offers significant return potential due to its strategic location in the heart of Cortez, conveniently situated off Highway 160. The hotel provides easy access to numerous area attractions, making it an ideal base for exploring the region's natural beauty and cultural heritage. Guests can easily reach Mesa Verde National Park, renowned for its ancient Pueblo cliff dwellings and archeological sites, and immerse themselves in the local Pueblo culture at the Cortez Cultural Center. Recreational opportunities abound, with nearby golfing at Conquistador Golf Course, gaming and entertainment at Ute Mountain Casino, and water activities at McPhee Lake. The hotel's position between the Rocky Mountains and the Colorado desert further enhances its appeal to a diverse range of travelers. This turnkey operation presents a compelling investment opportunity in a vibrant and growing market, offering strong potential for continued success and profitability. The property's central location and proximity to major attractions ensure consistent occupancy and revenue generation. This is a rare chance to acquire a well-established hotel in a desirable location with significant upside potential.

Highlights

  • Thriving Super 8 by Wyndham hotel in Cortez, CO, priced at $4,650,000.
  • Strategically located off Highway 160, offering easy access to area attractions.
  • Close proximity to Mesa Verde National Park, Cortez Cultural Center, Conquistador Golf Course, Ute Mountain Casino, and McPhee Lake.
  • Turnkey operation with strong potential for continued success and profitability in a growing market.
  • Well-established hotel in a desirable location with significant upside potential.

Property Details for 505 Main St

Property type
Hospitality properties, Hotels

Location Insight

City
Cortez
County
Montezuma
State
Colorado
Latitude
37.3483143
Longitude
-108.5781807

FAQs

What type of property is this?
Hospitality property - Prime Cortez Hotel, ideal location, high ROI potential.
Where is the hospitality property located?
The property is located at 505 Main St Cortez, CO.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Thriving Super 8 by Wyndham hotel in Cortez, CO, priced at $4,650,000.; Strategically located off Highway 160, offering easy access to area attractions.; Close proximity to Mesa Verde National Park, Cortez Cultural Center, Conquistador Golf Course, Ute Mountain Casino, and McPhee Lake.
How can I contact the broker?
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505 Main St
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