Red Arrow Inn - 1702 E Main St, Montrose, CO​

About red arrow INN

The Red Arrow Inn is nestled in the growing and thriving community of Montrose, Colorado. This family run hotel is clean, comfortable and unique, offering guests so much more than the basics. Located in the central hub of Colorado with a diverse population, Montrose has fantastic cultural and lifestyle opportunities in addition to the several leisure demand generators nearby including Black Canyon National Park, Telluride Ski Resort, and the Uncompaghre, Gunnison, and Grand Mesa National Forests. You'll also find many amenities you'd expect only in a much larger city, including an event center, ballet, gourmet dining, art galleries, trendy coffee houses, arts and activities, and much more. The right entrepreneur, investor or family can make this ideal property their next adventure in life - call us for more info today!

Property Highlights

THE OFFERING

  • Located in OPPORTUNITY ZONE

  • Easy access with ample parking
  • 2 acres of open space
  • 5 buildings 
  • Close to Montrose County Event Center
  • Outdoor Pool
  • BBQ area / Fire Pit
  • Indoor hot tub
  • Fitness Room
  • Modern Conveniences in all rooms
  • 1 bed manager's quarters

local insights

 

Price

2019 ADR

2019 RevPar

2019 Occupancy

Sale

Type

Prop. Type

Lot Size

Bldg Size

No. Rms

No. Stories

Year Built

Corridor

Zoning 

APN/Parcel ID

$2,550,000

$99.13 +/-

$38.34 +/-

37.17% +/-

Investment

Hospitality

Motel

3.812 AC +/-

5 buildings

59

2

Multiple

Exterior

B2 HwyCom

R0650508

Interested in this property!?

Price 

Sale

Type

Prop. Type

Lot Size

Bldg Size

No. Rooms

No. Stories

Year Built

                   

$2,550,000

Investment

Hospitality

Motel

3.812 AC +/-

5 buildings

59

2

Multiple 

                  

Zoning Type

APN/Parcel ID

2019 ADR

2019 RevPAR

2019 Occupancy

Rm Revenues:                              2019

                        2018

                        

 

B2 Hwy Com.

R0650508

$99.13 +/-

$38.34 +/-

37.17% +/-

 

$797,735 +/-

$774,820 +/-

        

 RED ARROW INN- MONTROSE, CO

**Please note that the Montrose County Assessor's office says 60 rooms. 1 is actually the manager's quarters.