Property Details

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406 & 410 Willow Bend, Oak Creek CO

Price: $539,000
MLS #: 171251
Type: Business w/Real Estate



Property Remarks

Located in historic Oak Creek, Colorado, the Oak Creek Motel has developed a vibrant, four season, repeat business catering to hunters, fishermen and other sportsmen seeking the exhilarating sporting challenges found in the northwestern Colorado mountains. A strong repeat clientele is complimented with guests discovering this quaint respite during drives on CO131 between the bustling Colorado resort destinations of Steamboat Springs and Vail. Located in south Routt County, Oak Creek has a low key, relaxed atmosphere. However, being only 20 miles south of Steamboat Springs gives an owner easy access to a business and personal infrastructure comparable to anywhere in the country. This offering is for two adjacent properties comprising a total of 3.85 acres and several buildings. Both properties are integral to the operation of the motel. The free flowing Oak Creek stream (the town’s namesake) runs through the larger parcel. This parcel is 3.41 acres in size and has the primary building – a ten (10) room motel - and a few out buildings on it to include a community Gazebo and Hot Tub area. The smaller parcel fronts the access road and is 0.44 acres in size. On this parcel is a comfortable two (2) bedroom, one (1) bath home. All windows in the main home were replaced in 2008 and siding shortly prior to. The check-in desk and motel office occupy a room in the front of this home. A large heated and insulated garage/shop is also on this parcel, which along with the three sheds on the property, provides for ample storage. The proprietors have owned the business and real estate since 1996. Over the past twenty years, they have developed a vibrant Mom & Pop lodging business focusing on building and maintaining a strong repeat clientele. The motel rooms and grounds are meticulously maintained and frequently updated to meet customer expectations. Hotel roof was sealed with Somay Roof Mastic in 2012. The motel consists of 4 kitchenette rooms and 6 standard motel rooms. Room rates range from $55 to $85 per night and are not seasonally adjusted. This offering includes all equipment necessary to run the motel such as ridding lawn mower with snow blower attachment, snow plow, vacuum cleaners, washer/dryer, etc. Ample vacant land space as part of this offering provides for a future development opportunity (PUD, mobile home park, to name a few examples)

Property Details

MLS Number: 171251
Area: OAK CREEK/PHIPPSBURG/YAMPA
Type: Business w/Real Estate
Asking Price: $539,000
Bedrooms:
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Bathrooms:
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Garage Type:
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Square Feet:
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Levels: N/A
Year Built:
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Condition: Very Good
Acres: 3.85
Sale/Rent:
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Location Info

Address: 406 & 410 Willow Bend
Area: OAK CREEK/PHIPPSBURG/YAMPA
County: Routt
Development: Oak Creek
School: South Routt Co

Interior Features

Furnishings: N/A

Exterior Features

Exterior Amenities: N/A
Extras: N/A
Lot Description: N/A
View Description: N/A

Additional Info

Additional Rights: N/A
HOA: $
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Listing Office: COLORADO GROUP REALTY
Listing Agent: MARTIN DRAGNEV

Listing courtesy of MARTIN DRAGNEV COLORADO GROUP REALTY

Financial Info

Asking Price: $539,000
Price/Total Sq. Ft: $
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0
Price/Finished Sq. Ft: $
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0
Real Property Tax: 5,792.72
Real Property Tax Year: 2015
Annual HOA: $
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Trade/Exchange: No
Short Sale Potential:
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REO Bank Owned: No

Map

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