105 8th Ave - Hospitality FOR SALE


Greeley, CO 80631
$1,525,000 USD
303-912-0227
105 8th Ave, Greeley, CO for Sale
$1,525,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

105 8th Ave
Greeley, CO 80631


OVERVIEW

Seller will carry financing to a qualified buyer $575,000 down, 5% for a 5-year term. Price reduced. A perfect fit for retiree owners who are not ready to retire and Millennial and GenX entrepreneurs who want a solid income base to support their other remote tech work. The Rainbow offers an expansive manager’s residence with all new kitchen and bathroom upgrades in addition to 16 modern guest rooms. Independent Boutique motel renovated and positioned to capture business entering Greeley from the North. 16 Guest rooms Manager Residence on-site The physical plant is ideal for use as private luxury rehab, corporate housing for Greeley-area businesses and residences for students attending local training.

FOR SALE DETAILS

PRICE

$1,525,000 USD

PRICE/SF

$238 USD /SF

# OF ROOMS

16

PRICE/ROOM

$95,313 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rainbow Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1953

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

N/Av

APN/PARCEL ID

096105213011

ASK ABOUT THIS PROPERTY

Jarod ClarkPark Properties, LlcMore Info
303-912-0227

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Jarod ClarkPark Properties, LlcMore Info
303-912-0227

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.