For Sale

Rodeway Inn

37760 U.S. Highway 50 | Gunnison, CO 81230-9743, US

price$3,000,000
property typeCommercial Sale
year built1963

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
details

STATUSActive
SALE PRICE PER UNIT$3,000,000
YEAR BUILT1963
PROPERTY TYPECommercial Sale
BUILDING SIZE16,255 SF
LOT SIZE1.801 acres
CAP RATE7.5%
SALE PRICE$3,000,000
STORIES1
ZONINGMixed Use
DAYS ON MARKET25

property
description

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

location
description

37760 U.S. Highway 50 | Gunnison, CO 81230-9743, US

Experience the unique blend of natural beauty and economic opportunity in Gunnison, Colorado — a gateway to the adventure-rich Gunnison Valley. This property is ideally located in a market supported by year-round tourism, a stable local economy, and a strong sense of community. Gunnison is just 30 minutes from the Crested Butte Mountain Resort for great skiing, trophy fishing on the Gunnison River and Blue Mesa Reservoir, and the dramatic landscapes of Black Canyon of the Gunnison National Park. The area also hosts a range of seasonal festivals and outdoor recreation events that contribute to steady demand across all four seasons. The town is home to Western Colorado University, which provides a stable base of students, faculty, and staff, supporting housing, retail, and service-related businesses throughout the year. Gunnison also benefits from its proximity to the Gunnison-Crested Butte Regional Airport (GUC), located along US Highway 50, a major east-west corridor, and the property enjoys excellent visibility and access to regional traffic. The free RTA shuttle between Gunnison and Crested Butte further enhances connectivity and opens up opportunities for capturing ski and tourism-related business. Downtown Gunnison offers a walkable mix of boutique retail, restaurants, and professional services. With a growing population and a reputation as a lifestyle-driven mountain town, Gunnison presents a compelling opportunity for investors looking to acquire a well-located asset.

Brandon Hert

Brandon Hert

CO #FA.100070566
(855) 450-0653

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