14 Key Motel, $166 ADR - Business for Sale
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14-Room Motel with Cottages in Lake City, CO
Lake City, CO, US
Added today
Hospitality / Motel
The Matterhorn Motel is a 14-unit hospitality property in Lake City, Colorado, consisting of 12 motor court rooms and two historic cottages, with recent renovations and an on-site owner's or manager's apartment.
Key Information
Asking
$1.6M
Revenue
–
Earnings
$162K
Multiple
9.6x
Key Highlights
- 14 total units: 12 motor court rooms and 2 historic cottages
- Owner's or manager's apartment included on second floor
- Recent renovations: full cottage renovations in 2017 and 2021; all new bathrooms, lighting, and bedding throughout in 2024
- Property size: 5,613 square feet
Contact Info
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