450 Lincoln StBurlington, CO 80807

For Sale
$1,390,000

120-Key Motel, Excellent Location, 1031 Exchange

Overview

Added:
Dec 11, 2024
Days on market:
91
The Burlington Inn, a fee-simple 120-key motel, presents a compelling investment opportunity. Strategically located at the northeast corner of I-70 and South Lincoln Street in Burlington, Colorado, this property enjoys exceptional visibility and accessibility. Built in 1972, the two-story brick structure sits on a substantial 183,200 square foot lot. The motel boasts a total of 120 keys spread across its 67,083 square feet of building space. This established business is offered as a 1031 exchange opportunity, making it particularly attractive to investors seeking tax-advantaged transactions. The property's prime location along a major interstate highway ensures consistent traffic and high potential for occupancy. With its significant size and established presence, the Burlington Inn represents a strong foundation for continued growth and profitability in the hospitality sector. The property's age provides an opportunity for future renovations and upgrades to further enhance its value and appeal. This is a rare opportunity to acquire a well-positioned, substantial motel in a desirable location.

Property Details for 450 Lincoln St

Property type
Other hospitality properties, Motels
Year Built
1972
Stories
2

Location Insight

City
Burlington
County
Kit Carson
State
Colorado
Latitude
39.2957472
Longitude
-102.2777228
450 Lincoln St, Burlington, Colorado

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450 Lincoln St
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