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Executive Summary

Well maintained, 22 keys Independant motel with manager's living quarter and 2 Beds & 2 Baths, 1,624 Square Feet a full size apartment to rent at $2,000 per month, in addition 88 Units of Public Storages for the additional income.

Property Facts

Price $1,790,000
Price Per Room $77,826
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 1.00 AC
Building Size 9,300 SF
No. Rooms 23
No. Stories 1
Year Built/Renovated 1929/1983
Tenancy Single
Parking Ratio 2.47/1,000 SF
Corridor Exterior
Zoning C-6, Colorado Sprgs - Multi Family plus public storage

Amenities

  • Patio
  • Public Access Wifi
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $101.00 -
Guest Room 21 $82.00 -
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
64162-11-043
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$166,330
  • Listing ID: 32248271

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 2105 E Platte Ave, Colorado Springs, CO 80909

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