4333 E Mulberry St - Hospitality FOR SALE


Fort Collins, CO 80524
$7,100,000 USD
303-949-2812
4333 E Mulberry St, Fort Collins, CO for Sale
$7,100,000 USD
Hospitality - FOR SALE
1/27
null | 9.6% Cap Rate

4333 E Mulberry St
Fort Collins, CO 80524


OVERVIEW

Re/Max Leaders is pleased to present a good opportunity to acquire this American Best Value Inn. It has 121 keys and spacious, Ample parking lots, Situated at South East corner of Interstate I-25 & E. Mulberry St. Excellent Visibility and High Traffic I-25, Prime location, adjacent to Maverick Busy Convenient store, Mc Donald restaurant. Free Continental Breakfast, Outdoor pool, WiFi. 5 X Suites Rooms, 6 X Kitchenettes, 28 X Jacuzzis 1. Whole Boiler System has been replaced 5 years new ($190,000), New Internet System, New T.V Cable System has been updated, Fluid of Fire Sprinkler system has been replaced, Electrical Line and Gas Line have been upgraded. Swimming Pool Boiler System is 4 Years New($90,000) 2. Commercial Washer and Dryer have been replaced in 2022, Security Camera System has been replaced in 2023 ($30,000), Door Lock handles have been replaced in 2023($31,000), New Furnitures and Mattresses for 40 rooms have been replaced in 2023, 50 New Television Sets have been replaced in 2023 ($25,000), 30 X New A/C Units have been replaced in 2024 ($30,000) and Tons of upgrades in 2023-2024.

FOR SALE DETAILS

PRICE

$7,100,000 USD

PRICE/SF

$133 USD /SF

# OF ROOMS

120

PRICE/ROOM

$59,167 {currency}

CAP RATE

9.6%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Americas Best Value Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

214

LAND DETAILS

LAND ACRES

2.83 AC

LAND SF

123,275 SF

ZONING

C

APN/PARCEL ID

87150-00-012

ASK ABOUT THIS PROPERTY

Jae KimRE/MAX LeadersMore Info
303-949-2812

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Jae KimRE/MAX LeadersMore Info
303-949-2812

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