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Gemma's Crossing 60 Hickory Ave 17 Room Hotel Akron, CO 80720 $575,000 ($33,824/Room) 3.75% Cap Rate
Investment Highlights
- 12,000± square feet of versatile space, including an 18-room motel, conference and recreation facilities, office space, manager’s living quarters
- Truck Parking, New Roof 2026
- detached 1,600± square foot maintenance shop, 4 cars, drive-through workshop
Executive Summary
Exceptional commercial opportunity featuring approximately 12,000± square feet of versatile space, including an 18-room motel, conference and recreation facilities, office space, manager’s living quarters, and a detached 1,600± square foot maintenance shop. Built in 1980, the single-story motel has seen multiple updates, remodeled in 2017, including exterior paint, newer vinyl windows, updated interior spaces and a new roof in 2026. The property offers a manager’s residence with two bedrooms, full bath, kitchen, living area, and laundry, along with an updated registration office and welcoming lobby featuring a coffee bar, seating area, fireplace insert, and ADA-compliant restrooms. Guests are accommodated in 18 standard rooms, each equipped with independent heating and air conditioning, beds, TVs, mini refrigerators, microwaves, and private bathrooms. Several rooms offer adjoining configurations. Additional amenities create outstanding flexibility and income potential, including a conference room with an adjoining full kitchen and service counter, recreation area with office and playroom, vending and laundry facilities, housekeeping areas, and a small leasable commercial office with separate exterior entry, bathroom and independent HVAC. The detached maintenance shop features approximately 1,600± square feet, four electric overhead doors, concrete flooring, insulation, heat, and air conditioning. Truck parking with electrical hookups is located adjacent to the property. Located in the amazing and welcoming community of Akron, Colorado, this unique property offers a rare combination of hospitality, event, office, and service space with endless potential for an owner-operator or investor. Bring your vision and discover the possibilities—this is your chance to invest in a property that is ready to work as hard as you do! *** NOI is an average over last 6 years***
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $575,000 | Building Size | 12,000 SF |
| Price Per Room | $33,824 | No. Rooms | 17 |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 3.75% | Year Built/Renovated | 1983/2017 |
| Property Type | Hospitality | Parking Ratio | 3.33/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.21 AC | ||
| Zoning | E-Industrial | ||
| Price | $575,000 |
| Price Per Room | $33,824 |
| Sale Type | Investment |
| Cap Rate | 3.75% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.21 AC |
| Building Size | 12,000 SF |
| No. Rooms | 17 |
| No. Stories | 1 |
| Year Built/Renovated | 1983/2017 |
| Parking Ratio | 3.33/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | E-Industrial |
Amenities
- Wheelchair Accessible
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Smoke Detector
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 17 | $77.00 | - |
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 92036001006 | Total Assessment | $98,637 (2025) |
| Land Assessment | $3,013 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $95,624 (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
92036001006
Land Assessment
$3,013 (2025)
Improvements Assessment
$95,624 (2025)
Total Assessment
$98,637 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Gemma's Crossing | 60 Hickory Ave