15225 US-385 - Hospitality FOR SALE


Julesburg, CO 80737
$800,000 USD
970-474-2000
15225 US-385, Julesburg, CO for Sale
$800,000 USD
Hospitality - FOR SALE
1/27
null | 3.5% Cap Rate

15225 US-385
Julesburg, CO 80737


HIGHLIGHTS

  • Close to Highway
  • Regular Customers
  • Great Food
  • Close to Hunting
  • Close to City

OVERVIEW

Budget Host Platte Valley Inn located at the intersection of Interstate 76 and US Highway 385 in northeast Colorado serves travelers and hunters on these two major roadways . Julesburg is a popular hunting area with seasonal hunting which bring customers in consistently. 59-unit motel with central office, restaurant and lounge building, plus an outdoor swimming pool. GROSS 410,000/Y with 3 full time Employees.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$35 USD /SF

# OF ROOMS

59

PRICE/ROOM

$13,559 {currency}

CAP RATE

3.5%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Budget Host Platte Valley Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1969

PARKING SPACES

126

LAND DETAILS

LAND ACRES

3.35 AC

LAND SF

145,926 SF

ZONING

C

APN/PARCEL ID

61233050

ASK ABOUT THIS PROPERTY

Mike BensonBenson Ag Land Realty LLCMore Info
970-474-2000

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Mike BensonBenson Ag Land Realty LLCMore Info
970-474-2000

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