3015 8th Ave | Evans, CO 80620
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- LoopNet Team
3015 8th Ave
Evans, CO 80620
Rodeway Inn - Greeley, CO · Hospitality Property For Sale
·
26,676 SF
INVESTMENT HIGHLIGHTS
- Cash Flowing Hotel with stable Revenues & high NOI
- High three year occupancy of over 75%
- Large Upside on ADR in relation to Comp Set
- Located in Opportunity Zone with Tax Advantages
- High occupancy of over 65% in first 9 month of 2020 during COVID Pandemic!
- Converting more rooms to Suites would lead to higher ADR (investment is about 80% tax deductible due to Opportunity Zone)
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1981/2019 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.91 AC | Parking Ratio | 3.6/1,000 SF |
| Building Size | 26,676 SF | Corridor | Exterior |
| Zoning | Hotel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.91 AC |
| Building Size | 26,676 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1981/2019 |
| Tenancy | Single |
| Parking Ratio | 3.6/1,000 SF |
| Corridor | Exterior |
| Zoning | Hotel |
AMENITIES
- Business Center
- Pool
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | R3868086 | Improvements Assessment | $539,660 |
| Land Assessment | $72,490 | Total Assessment | $612,150 |
PROPERTY TAXES
Parcel Number
R3868086
Land Assessment
$72,490
Improvements Assessment
$539,660
Total Assessment
$612,150
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