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Property Detail

2105 E Platte Ave, Colorado Springs, CO 80909, USA
2 Properties Offered
$2,249,000

Description

EXECUTIVE SUMMARY

Unique opportunity with this centrally located 21-room motel with 88 self storage units on site - two businesses in one! Manager's suite has a full kitchen, bedroom, living room, bathroom, and storage. Separate retail building also included in the sale, previously used as a laundrymat, but renovated into owner's quarters and additional guest room, approximately 1600 sq ft; complete with full kitchen, living room, bedroom, and office offers potential for additional income, or on-site owner/operator. Lower level of this building houses a guest laundymat and separate laundry room and storage for housekeeping. Seven of the motel rooms have a kitchenette. Motel has a number of walk-ins throughout the year, which is supplemented by internet reservations for high occupancy, as well as high occupancy rate of the storage units.
 

PROPERTIES

PROPERTY NAME / ADDRESSPROPERTY TYPESIZEYEAR BUILTINDIVIDUAL PRICE
True North Motel
2105 E Platte Ave, Colorado Springs, CO 80909
Hospitality9,300 SF1929-
Self Storage
2133 E Platte Ave, Colorado Springs, CO 80909
Specialty20,327 SF2022

 

Cole Underwood

+1 719-200-4610

Specification

General

  • 29627
  • 1.0100
  • Investment
  • 1929

Financials

  • 11.45

Hospitality

Portfolio of Motel & Storage

Listing ID : 00487

SKU: 487

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