Shopping Cart

You have no items in your shopping cart.

Property Detail

3900 N Nevada Ave, Colorado Springs, CO 80907, USA
Introducing a prime investment opportunity in Colorado Springs.
$2,000,000

Description

EXECUTIVE SUMMARY

Introducing a prime investment opportunity in Colorado Springs – a well-established motel boasting exceptional visibility with easy-to-see signage and high traffic counts. Conveniently located near the UCCS Campus, this single-story hotel, has been a cash-flowing asset with consistently high average occupancy rates. The property, built in 1949, sits on a substantial 1.06-acre lot, providing ample space for guests and potential redevelopment opportunities. With a generous parking ratio of 6.7/1,000 SF and a total building size of 11,336 sf. This motel offers both convenience and potential for growth. Its strategic proximity to the burgeoning redevelopment along North Nevada adds to its appeal as an investment that combines history with future possibilities. Ensure you seize the opportunity to obtain a profitable hospitality property situated in a flourishing area.
 

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Guest Room20$77.00-

 

PROPERTY TAXES

 

Josh Horwitz

+1 303-204-4464

Specification

General

  • 11336
  • 1.0500
  • Investment
  • C6
  • 1949
  • 2022
  • 20

Financials

  • 7.50

Hospitality

Ranch Motel

# 484

SKU: 484

Property Enquiry Form

Please fill the form below to know more about the property