New

Renovated 39-Room Motel Off I-70 With Strong Income

$1,650,000

Description

Coyote East Motel is a renovated 39-room independent motel located at 250 E Main St, Limon, CO 80828. The property features updated interiors, modern systems, and is positioned on a 1.03-acre parcel with 75 surface parking spaces (1.92 per room). Zoned CH3, the site allows for potential future expansion, additional units, or accessory uses. Located just off I-70 with visibility to over 4,000 vehicles daily, the motel captures steady demand from overnight travelers, workforce housing, and long-term rentals. The asset operates without franchise restrictions and is equipped with high-speed internet, public Wi-Fi, and smoke-free amenities. This turnkey property produces reliable revenue with a strong occupancy base and low turnover. Positioned within a growing logistics corridor supported by regional infrastructure and energy projects, Coyote East Motel offers durable income with opportunities to optimize ADR and reduce expense leakage. Investment highlights: ●Renovated 39-room independent motel with updated interiors and modern systems—fully repositioned for long-term durability ●Located just off I-70 with over 4,000 vehicles passing daily—perfect visibility for capturing overnight and extended-stay traffic ●1.03-acre parcel with 75 surface parking spaces (1.92 per room) provides flexibility for guests, truckers, and work crews ●Zoned CH3, offering future upside for expansion, additional units, or accessory uses ●Reliable revenue from transient guests, workforce housing, and long-term rentals—strong occupancy base with low turnover ●Serves a steady demand base including overnight travelers, workforce housing, and contractors ●Equipped with high-speed internet, public Wi-Fi, and smoke-free amenities ●Positioned in a growing logistics corridor with sustained demand from regional infrastructure and energy projects ●Operates without franchise restrictions—ideal for self-management or branding ●Turnkey cash-flowing asset with room to optimize ADR and reduce expense leakage
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Engel & Völkers

Your advisor: Kayla Mahoney

Property ID: AM-5523949

Property details
  • Property type

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