When historic and beautiful U.S. Highway 50 passes through Salida, it becomes a corridor of commerce. Strategically located in the heart of this corridor is the unique and independent Circle R Motel. Its 17 spacious rooms have provided comfortable lodging for the heavy influx of tourists that visit throughout the year who take advantage of the multitude of recreational opportunities available in the area. Each of the rooms has individually controlled natural gas baseboard heating, air conditioning, and is furnished with a queen size bed. Some rooms are equipped with a microwave and refrigerator. All rooms offer cable television and VCR?s are available as rentals. One full and one partial kitchenette are available for the guest who stays and plays for more than a day or two. The grounds feature a sun deck and a hot tub. There is ample on-site parking. The guest laundry has a washer and dryer. The motel?s industrial laundry room also has a washer and dryer.There are three bedrooms and one bath in the 1383 SF of on-site living quarters. Financial information and a complete list of inclusions will be sent upon completion of a Confidentiality Agreement. Terms are cash or new loan. Excluded from the sale are the Sellers? personal property. A wonderful investment opportunity and your chance to live in what Outside Magazine has termed ?one of the best dream towns and adventure hideouts.? (Internet 5528801-4/18/2012)
Off market
$1,794,400
304 E Us Highway 50, Salida, CO 81201
20beds
18baths
6,246sqft
SingleFamily
Built in 1948
0.71 Acres Lot
$1,794,400 Zestimate®
$287/sqft
$1,608 Estimated rent