1391 TownsendMontrose, CO 81401

Property Details for 1391 Townsend

Year built

1998

Construction

WOOD

Lot size

2.14 AC

Property size (Sq ft)

63,757 SF

Property type

Hospitality properties

Property subtype

Hotels

APN

3767-341-22-002

APU

376734122002

• CAP approach

  CAP return

  Valuation

  6%

  $13,308,526

  6.5%

  $12,284,793

  7%

  $11,407,308

• Comparable approach

  Method

  Valuation

  Method 1

  $30,491,032

  Method 2

  $12,378,868

• Alternative Use

  Use

  Valuation

  Residential

  $13,411,425

  Hospitality

  $12,284,793

  Educational

  $10,220,804

  Medical

  $10,572,313

  Retail

  $15,899,028

Location Insight

City

Montrose

County

Montrose

State

Colorado

Latitude

38.4683

Longitude

-107.865

CBSA code

33940

CBSA name

MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $3,138,350
• Assessed land value
  $191,950
• Assessed value
  $3,330,300
• Tax year
  2023
• Tax bill
  $220,178

Property Visit Statistics

• Visits by month
  2.1k
• Visitors by month
  2.2k
• Avg Time on site
  33 min

FAQs

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