Description
For Sale: Coyote East Apartments - Converted Motel in Limon, Colorado Location: Limon, Colorado Type: Long-term workforce housing, hospitality units, and RV pad sites Units: 39 apartments Facilities: 9 RV pad sites, adjacent ice cream store (available as a package) Investment Opportunity: Seize the chance to invest in Coyote East Apartments, a high-margin, easy-to-operate asset in Limon, Colorado. Originally a motel, the property has been converted into 39 long-term workforce housing and hospitality units, accommodating both extended stays and overnight guests. The offering also includes 9 RV pad sites, generating consistent monthly revenue for the property owner. As an added bonus, the adjacent ice cream store is available as part of a package deal, providing an additional income stream for the investor. Located in an Opportunity Zone, this property may qualify for certain tax incentives and benefits, making it an even more attractive investment. Don't miss this unique investment opportunity in Limon, Colorado, to own a versatile and profitable property with significant potential for growth.
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0BEDS
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1.03ACRES
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0BATHS
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01/2 BATHS
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41,850SQFT
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$60$/SQFT
School Ratings & Info
Offered by Re/Max Peak To Peak.Description
For Sale: Coyote East Apartments - Converted Motel in Limon, Colorado Location: Limon, Colorado Type: Long-term workforce housing, hospitality units, and RV pad sites Units: 39 apartments Facilities: 9 RV pad sites, adjacent ice cream store (available as a package) Investment Opportunity: Seize the chance to invest in Coyote East Apartments, a high-margin, easy-to-operate asset in Limon, Colorado. Originally a motel, the property has been converted into 39 long-term workforce housing and hospitality units, accommodating both extended stays and overnight guests. The offering also includes 9 RV pad sites, generating consistent monthly revenue for the property owner. As an added bonus, the adjacent ice cream store is available as part of a package deal, providing an additional income stream for the investor. Located in an Opportunity Zone, this property may qualify for certain tax incentives and benefits, making it an even more attractive investment. Don't miss this unique investment opportunity in Limon, Colorado, to own a versatile and profitable property with significant potential for growth.
Licensed in the State of Colorado, USA
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