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2930 Main Ave
Durango, CO 81301
Asking Price
$5.55M
Cap Rate
8.8%
Asset Type
Hotel Hospitality
Class
Class B
What's Special
Hospitality | 8.80% CAP | 48 Keys <p><strong>Diverse Durango Demand Generators</strong></p><p>Durango pulls demand from the Narrow Gauge Railroad, Mesa Verde, Fort Lewis College, the Animas River corridor, and its historic downtown, supported by $441M in annual visitor spending that fuels consistent lodging demand.</p><p></p><p><strong>Ideal Owner Operator Opportunity</strong></p><p>Includes a renovated 1 bedroom / 1 bathroom living quarters, allowing an owner operator to live on site and streamline operations.</p><p></p><p><str
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NOI
$80,000
Cap Rate
1.44%
DSCR
0.24
Underwater
Cash-on-Cash
-14.99%
Monthly Payment
$27,458.372
Annual Cash Flow
$-249,500.462
