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!
As Owner and Director of Monfort Companies, Kenny and his real estate team initially focused on developing commercial real estate in rural communities within the Rocky Mountain region. Recently he has expanded their focus to burgeoning a thriving stadium district in the neighborhood around Coors Field, in Denver. Kenny gives us some insight into the plans underway for development in the LoDo area to encompass appeal to all ages in our Denver community.
As a fifth-generation Colorado business owner, Kenny’s family has long been a part of Colorado’s history. Originally in the agricultural industry, Kenny’s family was a pioneer in developing cattle feedlots and meatpacking plants in Greeley, Colorado. The family also owns the Colorado Rockies baseball franchise; since 1992. The Rockies played home games at the Mile-High Stadium until Coors Field was completed in 1995.
Now coming full circle, Kenny and his real estate team are working to build onto the family’s original investments to further develop vibrant communities for Coloradoans.