205 E Victory Way
Craig, CO 81625
About this property
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.
Date Added
July 17, 2020
Listing Status
Active
Days On Site
192
MLS#
1000517
Features and Additional Information
Lot Size
15,682 SqFt
Acreage
0.36
Property Type
Commercial
Style
iqweb_
Sub-Type
Resale
Year
1938
Zoning
Community General
Square Feet
11,788
Units
0
Story(s)
1
It's free and no obligation
$425,000
Active
11,788
SQFT
Presented By Coldwell Banker Heritage House
Durango
