1901 Rose Ave - Hospitality FOR SALE


Burlington, CO 80807
$799,000 USD
303-521-3648
1901 Rose Ave, Burlington, CO for Sale
$799,000 USD
Hospitality - FOR SALE
1/1
null | 14.17% Cap Rate

1901 Rose Ave
Burlington, CO 80807


HIGHLIGHTS

  • Directly off of I-70 near the Colorado/Kansas Border
  • Recently Renovated - over $300k in capital improvements
  • Capital Improvements included in next page - individual room improvements available upon request
  • Multiple room and apartments types - Standard, King Bed, Kitchenette, and Apartment.
  • Short Term and Long Term rental options for tenants - new owner can structure leases however they would like
  • High Speed Fiber Internet and Dish Network in place

OVERVIEW

Operating Motel W/Short & Long Term Tenants. Perfect for short term tenants such as hunters, truckers, contractors, oil and gas, etc. as well as long term tenants in the area. Multiple room and apartments types - Standard, King Bed, Kitchenette, and Apartment. Short Term and Long Term rental options for tenants - new owner can structure leases however they would like. High Speed Fiber Internet and Dish Network in place. Manager open to staying on board to run the day-to-day operations. All of the heavy lifting has been done!

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$109 USD /SF

# OF ROOMS

29

PRICE/ROOM

$27,552 {currency}

CAP RATE

14.17%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sloan's Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

C1

APN/PARCEL ID

45000025

ASK ABOUT THIS PROPERTY

Greg KnottUnique Properties, Inc.More Info
303-521-3648

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Greg KnottUnique Properties, Inc.More Info
303-521-3648

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