$425,000

205 E Victory Way, Craig, Co 81625

Craig CO, b__32vdvay

Description

The Colorado Inn & Suites is a 22-unit long term stay facility that provides affordable housing for veterans, seniors, and those having trouble finding temporary accommodations. Current ownership works with several local organizations in offering housing to the community and has seen approximately 75% occupancy since taking over management and a T3 annualized cap rate of 10.8%. Units come furnished with a bed, television, mini-fridge, coffee maker, and microwave. Amenities include wireless internet, cable television, vending machines, and a laundry facility.

Details

MLS#1000517
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1938
Days On Site136

Features

SQ Feet11,788
Story(s)1
ZoningCommunity General
Acreage0.36
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Area Information
StateCO
CountyMoffat
CityCraig
Zip Codeb__32vdvay
Listing VS Median (in b__32vdvay)
Price:
$425,000
low | high
Med:
$417,000
51.882352941176% of Average
SqFt:
11,788
low | high
Med:
5,894
100% of Average
$ / SqFt:
$36
low | high
Med:
$18
100% of Average
On Site:
136
low | high
Med:
223.5
60.850111856823% of Average
Listing Updated: November 29, 2020 6:31:07 PM PST
Erich Schmidt LogoMLS Number: 1000517
Listing Provided By:
Erich Schmidt  of  NAI Mountain Commercial
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Vail Board of REALTORS®.