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12100 44th Ave
Wheat Ridge, CO 80033
Howard Johnson · Hospitality Property For Sale · 57,308 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.89 AC
Construction Status Converted
Building Size 57,308 SF
No. Stories 5
Year Built/Renovated 1985/2016
Parking Ratio 4.05/1,000 SF
Corridor Interior
Zoning C-1, Wheat Ridge

AMENITIES

  • Balcony
  • Fitness Center
  • Restaurant
  • Spa

ABOUT 12100 44TH AVE , WHEAT RIDGE, CO 80033

SUBJECT PROPERTY IS LOCATED AT SOUTH EAST CORNER OF HIGH I -70 & 44TH AVE PRIME LOCATION, ADJACENT TO GAS STATION FOR THE TRAILERS. BUILT IN 1985, FORMER QUALITY INN, HAS 108 ROOMS TO RENT, RESTAURANT LEASED TO CURRENT TENANT FOR $5,000.00 PER MONTH, EXTRA INCOME FOR THE PROPERTY OWNER. TOTALLY RENOVATED IN 2016, SELLER INJECTED ABOUT $400,000.00 TO IMPROVE PROPERTY, FINISH PIP. THERE IS NO DIRECT COMPETITION FOR THE LODGING BUSINESS. HAS TONS OF POTENTIAL WITH AVERAGE DAILY RATE $58.00 AND 54 % AVERAGE OCCUPANCY. PROPERTY HAS 2.88 ACRES.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-201-09-001
Land Assessment
$167,854
Improvements Assessment
$497,598
Total Assessment
$665,452
  • Listing ID: 11000881

  • Date on Market: 12/17/2017

  • Last Updated:

  • Address: 12100 44th Ave, Wheat Ridge, CO 80033

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