Rochester Hotel – Durango, CO
July 14, 2020
Durango, CO Offered for sale at $4,000,000
Boutique property in the heart of downtown Durango. 15 large hotel rooms (15 king, 3 double queen) all with large private bath. Historic hotel fully renovated, well maintained, and in excellent condition.Strong community support. Positive financial history and trends. Diverse mix of loyal customers. Excellent location, walking distance to shops, restaurants and activities of downtown Durango. Hotel includes spacious lobby and bar area. The Secret Garden is relaxing and enjoyable for guests and provides venue space for weddings, concerts, parties, non-profit fundraisers and more. High brand recognition and customer awareness. Development possibilities available.
- Offered for sale at $4,000,000
- Occupancy Rate: 65%
- Average Daily Rate: 190
- Annual revenue is $840,000
- Terms: SBA financing recommended.
- Prequalify for Financing