Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom single family at 1702 E Main Street in Montrose, CO is listed for $3,850,000. on a N/A lot.

Agent Description

Rare Investment Opportunity: Lodging & RV Park - Montrose, CO Diversified Hospitality Asset in a Booming Colorado Destination This is your chance to acquire a turnkey, multi-faceted hospitality portfolio in the heart of one of Colorado's most scenic & rapidly expanding markets-Montrose.

This rare investment opportunity combines: - A 58-key lodging property - A fully equipped 23-spot RV park (Will be delivered Entitled - ready to build) Lodging Property Highlights: - Size: 32,866 SF | Acreage: 3.25 Acres - 58 exterior corridor rooms - Strong performance: $1.1M Yearly Revenue With 40% NOI & 74% yearly occupancy - Attractive basis: P

riced at only $60,000 per key + $475,000 RV Park Land - Recent capital improvements of $300,000+, including: o New PTAC units (17 Rooms) o Foundation & structural upgrades o Framing, plumbing, & new paint o New exterior paint o Modernized guest amenities: o Renovated lobby with indoor/outdoor seating o Business center & fitness room o Restrooms wit

h showers o Flexible branding: keep or remove Wyndham flag RV Park Features (ONCE BUILT): - 23 dedicated RV spots with individual hookups - Shared access to top-tier guest amenities: - (Club House - Already Built) - Lounge area - Laundry room - Fitness center - Restrooms & showers - Indoor/outdoor dining area - Stabilized projected NOI: $125,000 -

$150,000 annually - Strategically positioned to attract seasonal travelers, RV nomads, & adventure tourists - RV park permitted use will be complete 04/30/26. City is in the process of upgrading sewer line. RV park cannot tie into the sewer line until November 2027.

________________________________________ Location Advantages: - Minutes from Montrose Regional Airport - Direct Flights From Denver, DFW - Easy drive to Telluride, Silverton, Ridgway, Ouray, & the Black Canyon of the Gunnison - A growing base of year-round tourism, hunting, national park visitors, & outdoor adventure travelers _____________________

___________________ Investment Summary: Component Key Metrics Lodging Property 58 rooms Offered at $3,975,000 RV Park 22 spots, projected income $125,000 $150,000k Total Acreage: 3.82 Acres (combined) Branding Option Franchise (Wyndham) or Go Independent with low Liquidated Damage ________________________________________ Why Invest Now?

- Peak tourism season approaching - Value-add NOI upside projected $125,000-$150,000k yearly - High-demand hospitality submarket with growing regional traffic - Diversified revenue streams from rooms

Monthly Cost Estimate

$20,591/mo

20% down · 6.5% · 30 years

Principal$2,784
Interest$16,683
Insurance$1,123

Estimates only. Actual payments may vary.

Location

1702 E Main Street

Montrose, CO 81401

Questions & Answers

This 0-bedroom, 0-bathroom single family at 1702 E Main Street is listed at $3,850,000. The estimated monthly payment is $16,683 based on 20% down at 6.5% interest.

This property is listed by Katie Davis and can be reached at 9707785083 or katie@brayandco.com.

KD

Katie Davis

Agent at BRAY/COMMERCIAL

(970) 778-5083

Listed by BRAY/COMMERCIAL

MLS# 20253028· Source: listhub· Updated 288 days ago

Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1702 E Main Street, Montrose, CO 81401

Open this listing in: