14 Key Motel, $166 ADR
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The Matterhorn Motel offers a rare chance to own a piece of Lake City history: one of the area's original motor court properties, continuously improved since its 1949 construction. Spanning 5,613 square feet across 14 total units (12 motor court rooms plus two historic cottages added in
the late 1990s), the property is well suited to a hospitality investor seeking scale and standing in this sought-after mountain destination.
Recent reinvestment includes full cottage renovations in 2017 and 2021 and all new bathrooms, lighting, and bedding throughout in 2024, layered on top of a major 1990s mechanical and electrical overhaul.
A second-floor owner's or manager's apartment adds mountain and treetop views. With decades of stewardship behind it and a fully refreshed guest experience in place, the Matterhorn Motel is positioned for its next chapter of growth.
the late 1990s), the property is well suited to a hospitality investor seeking scale and standing in this sought-after mountain destination.
Recent reinvestment includes full cottage renovations in 2017 and 2021 and all new bathrooms, lighting, and bedding throughout in 2024, layered on top of a major 1990s mechanical and electrical overhaul.
A second-floor owner's or manager's apartment adds mountain and treetop views. With decades of stewardship behind it and a fully refreshed guest experience in place, the Matterhorn Motel is positioned for its next chapter of growth.
About the Business
- Opportunities for Growth
- With a 2 acre lot, there is potential for expansion for more rooms/amenities. There is also a newly opened retail store that can continue to grow.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
Listing Info
- ID
- 2553786
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2553786 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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