Independent Hotel Sells for $975,000

Announcing the Sale of La Junta Inn in La Junta, CO

Denver, CO – July 30, 2021 – Madison Commercial Properties is pleased to announce the sale of the La Junta Inn at 1325 E. 3^rd Street in La Junta, Colorado. The Lender Owned, 75-Room Independent Hotel with freestanding BBQ Restaurant on-site, sold on July 30, 2021 for $975,000 or $13,000/Room and $23 per square foot.

Alex Kovacs, CCIM, Senior CRE Advisor with Madison Commercial Properties, represented the Seller, Las Vegas Bancorporation, Inc. in the transaction.