6231 Federal Blvd - Hospitality FOR SALE


Denver, CO 80221
$2,100,000 USD
303-985-4555
6231 Federal Blvd, Denver, CO for Sale
$2,100,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

6231 Federal Blvd
Denver, CO 80221


HIGHLIGHTS

  • Heavy Traffic Area
  • Opportunity Zone
  • Value Add Motel Property

OVERVIEW

Discover an exceptional investment opportunity at 6231 Federal Blvd, Denver, CO 80221. This 0.63-acre property, currently operating partially as a motel is ideally situated for redevelopment into a multifamily residential complex or conversion into apartments. Prime Location: Located within the opportunity zone close to the Clear Creek PUD and Federal Station TOD, this property is just a short walk from the Clear Creek/Federal Station on RTD's G Line, offering seamless connectivity to downtown Denver and surrounding areas. Thriving Community Developments: The area is experiencing significant growth, highlighted by the Federal Station transit-oriented development (TOD), which encompasses approximately 12 acres near 60th and Federal Blvd. This initiative aims to create a vibrant, mixed-use community, enhancing the neighborhood's appeal and value. In addition the Clear Creek PUD less than a block away is a nearly 21 acre development that has already broken ground. Opportunity Zone Benefits: Located within an Opportunity Zone. Potentially offering attractive tax incentives to savvy investors. High Visibility and Traffic: Situated on Federal Boulevard, a major arterial road in Denver, the property benefits from high daily traffic counts, ensuring excellent visibility for future developments. This prime location is surrounded by a variety of local businesses and attractions, contributing to a dynamic and convenient urban lifestyle. Property Details: Size: 0.63 acres Current Use: Motel Zoning: C-5 Potential: Redevelopment into multifamily residential units or apartment conversion Seize this unique opportunity to invest in a rapidly developing area of Denver, with excellent transit access, community enhancements, and favorable investment incentives. For more information or to schedule a viewing, please contact the listing broker. The adjacent property also for sale at 6201 Federal Blvd.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$57 USD /SF

# OF ROOMS

21

PRICE/ROOM

$100,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Valley Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1954

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

C-5

APN/PARCEL ID

1825-08-2-04-007

ASK ABOUT THIS PROPERTY

Lisa NguyenRe Max ProfessionalsMore Info
303-985-4555

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Lisa NguyenRe Max ProfessionalsMore Info
303-985-4555

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