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Invest in Colorado’s Adventure Gateway

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Red Arrow Boutique Hotel

BUSINESS FOR SALE | 32,866 SF

Address
1702 E Main St, Montrose, CO 81401

Asking Price:
$4,250,000

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Marketing Description

Rare Investment Opportunity: Lodging, RV Park & Boutique Bed & Breakfast – 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 and rapidly expanding markets—Montrose. This rare investment opportunity combines:

  • A 58-key lodging property
  • A fully equipped 20-spot RV park (Will be delivered Entitled – ready to build)
  • An optional Boutique Bed & Breakfast add-on, fully subdivided and ready July 2025

Positioned Just Minutes from Montrose Regional Airport

Direct flights from Denver, DFW and other major airports and nestled between popular destinations like Telluride, Ouray, Ridgway, and the Black Canyon National Park. This property is ideally located to capture year-round tourism, outdoor recreation, and drive-to traffic.

Investment Highlights

Lodging Property Highlights:
  • Size: 32,866 SF | Acreage: 3.25 Acres
  • 58 exterior corridor rooms
  • Strong performance: $1M Yearly Revenue With 70% yearly occupancy
  • Attractive basis: Priced at only $65,000 per key
  • Recent capital improvements of $150,000, including:
    • New PTAC units (17 Rooms)
    • Foundation and structural upgrades
    • Framing, plumbing, and new paint
  • Modernized guest amenities:
    • Renovated lobby with indoor/outdoor seating
    • Business center & fitness room
    • Restrooms with showers
    • Flexible branding: keep or remove Wyndham flag

RV Park Features

Once Built
  • 20 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 income: $200,000 – $250,000 annually
  • Strategically positioned to attract seasonal travelers, RV nomads, and adventure tourists

Bed & Breakfast Expansion Opportunity

Subdivision Finalizing July 2025
  • 4-room suite B&B with private entrances and en-suite bathrooms
  • Total area: 3,700 SF | Lot size: 0.57 Acre
  • Designed for upscale short-term rental or hosted stays
  • Features include:
    • Guest check-in station
    • Outdoor pool
    • Covered cooking area with built-in hood & fireplaces
  • Can be operated independently or as an upscale extension of the main property

Location Advantages

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

Investment Summary

  • Lodging Property
  • 58 rooms Offered at $3.800M + RV Land $400k
  • RV Park
  • 20 spots, projected income $200K+
  • B&B Add-On
  • 3,700 SF on 0.57 acres, 4 private suites (Offered at $850k)
  • Total Acreage
  • 3.82 Acres (combined)
  • Branding Option
  • Franchise (Wyndham) or Go Independent

Why Invest Now?

  • Peak tourism season approaching

  • Value-add NOI upside projected $185k yearly - with flexible branding & B&B launch

  • High-demand hospitality submarket with growing regional traffic

  • Diversified revenue streams from rooms, RV, and boutique hospitality

Schedule a private tour today and secure this unique Colorado hospitality asset before summer demand surges.

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