1146 E HWY 50, Salida, CO, 81201

Location, Opportunity and Income…this one has it all! This well maintained commercial property is currently used as monthly rentals and has virtually no vacancy. There are 19 single rooms with mini kitchens, 1 modular home and 1 manufactured home, laundry, outdoor park/picnic area and an office. The rooms rent for $800-$1200 per month each, the modular home rents for $2,000/month and the manufactured home rents for $1000/month. If monthly rentals are not your thing, you can revert back to a traditional motel model and rent out nightly. Excellent location on a highly visible and bustling section of Highway 50 in the popular mountain town of Salida Colorado and is only minutes from downtown Salida where quaint shops, restaurants and bars abound. Salida is a popular tourist destination offering world class whitewater rafting, skiing, fishing, mountain biking and hunting. Centrally located within a couple hours drive to all major city’s and airports in Colorado. The lot is quite large at 1.1 acres – room to expand or develop into multi-unit neighborhood. Come check out this dynamic business opportunity today!