625 E 1st St - Hospitality FOR SALE


Akron, CO 80720
$530,000 USD
970-867-1181
625 E 1st St, Akron, CO for Sale
$530,000 USD
Hospitality - FOR SALE
1/12
null | 9.43% Cap Rate

625 E 1st St
Akron, CO 80720


OVERVIEW

Great investment opportunity to own a well established motel in Akron, Colorado with Hwy 34 Frontage! This motel was built in 1959 with a brick exterior and consists of 13 rooms (9 Doubles and 4 Singles) including a singles ADA compliant room. There is a 1-bedroom private manager's/owner's residence with a full kitchen, living room, full bathroom and laundry area. The "Mess Hall" with kitchen can be rented out for meetings/events for additional revenue. 2 Water Taps! Guest laundry facility and separate housekeeping/laundry area. Ice machine on site. This motel has been well taken care of over the years and is ready for a new owner.

FOR SALE DETAILS

PRICE

$530,000 USD

PRICE/SF

$90 USD /SF

# OF ROOMS

13

PRICE/ROOM

$40,769 {currency}

CAP RATE

9.43%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MoJo's Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1959

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

-

APN/PARCEL ID

92033001001

ASK ABOUT THIS PROPERTY

KC SailsberyPlatte River RealtyMore Info
970-867-1181

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KC SailsberyPlatte River RealtyMore Info
970-867-1181

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