Column Commercial Partners, LLC | 600 17th Street | Suite 2800 South | Denver, CO 80202 | 303.407.8800 | EMAIL

Property For Sale

[fa icon="calendar"] Mar 6, 2020 4:36:51 PM / by Kinley Donaldson

Kinley Donaldson

This 29-unit motel has been owned and operated for over 20 years by the current owner. All units are rented on a weekly or monthly basis (current rent roll available) and most units are well below market rents. With a growing need for affordable housing in the Denver metro area, properties like these are always in high demand; evidenced by the average tenancy being 4 years! Multiple investment strategies including converting to a multi-family asset, adding needed storage & laundry facilities- just to name a few! Download our brochure and contact us for additional information or to arrange a tour!

Property Features:
Built: 1942 County: Adams 
Lot Size: 1.45 Acres Zoning: C-2
Units: 29 Cap Rate: 15.5%
Parking Spaces: 26 Sale Price: 1,800,000

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Topics: Denver Commercial Real Estate, Residential Real Estate, coloradocommunities, multifamily, commercecity

Kinley Donaldson

Written by Kinley Donaldson

Kinley Donaldson serves as the Transaction and Operations Manager for Column Commercial Partners. She assists CCP brokers with the tenant representation process, marketing strategies, and company operations. Kinley has been in the commercial real estate industry since 2011 and is a freelance graphic designer for real estate professionals.

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