Rodeway Inn
An exceptional investment opportunity, the Rodeway Inn of Gunnison offers a stabilized, well-maintained 39-room lodging property in a high-demand recreational area. Revenue is based on 37 rooms currently in the operating system. Two additional rooms (101 and 112) are rentable but used for on-site manager and maintenance housing. Additional features include an indoor hot tub, guest laundry, and multiple recent capital improvements — including new water heaters, updated furniture, and commercial laundry. Do not contact the hotel. Contact the broker only
Highlights:
• Owner Financing
• 39 Total Rooms: 37 guest rooms plus 2 staff rooms that could be rentable
• In addition to 39 rooms, the property includes manager's quarters above the office.
• Flag Optional - Operate independently or rebrand
• Excellent visibility and just minutes from Western Colorado University
• Great ADR with upside potential
• Strong Year-Round Demand Drivers
• Proximity to Blue Mesa Reservoir, Crested Butte skiing, Western Colorado University, and outdoor recreation.
• Indoor Hot Tub
• Includes guest laundry and vending.
- Property type
- Specialty
- Building size
- 16,255 SF GBA
- Lot size
- 1.801 acres
- Year built
- 1963
- Floors
- 1
- Zoning
- Mixed Use
- Cap rate
- 7.5%