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3920 N Nevada Avenue

Colorado Springs, CO 80907
  • $3,750,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 1231465
UPDATED: 57 min ago
$3,750,000
  • 0
    BEDS
  • 0.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,000
    SQFT
  • $288
    $/SQFT
Type:
Commercial
Built:
1968
County:

School Ratings & Info

Pikes Peak Multiple Listing Service logo Listing provided courtesy of Teegardin Realty and Investment Company: (719)574-7770.

Description

This 32 Unit Motel is established and produces great income. It is located in a highly traveled commercial corridor of N Nevada. Near University of Colorado and Downtown Colorado Springs it is close to University Center and tons of visitor type places like Garden of the Gods, Air Force Academy, and Colorado College. This motel is well maintained and has a high occupancy rate. Motel and Office building total over 13,000SF! Units are standard units with one unit that includes a suite and kitchen and another larger unit with three bedrooms that could be converted into owners housing. High traffic count and foot traffic. Could be Redeveloped into multi family units!

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Pikes Peak Multiple Listing Service logo The Kibler Group | Keller Williams Partners- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-10-13T18:40:51.99.
www.kiblergroup.com/homes/155519967
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3920 N Nevada Avenue Colorado Springs, CO 80907

  • Price: $3,750,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 57 min ago
  • ID#: 1231465
0
Beds
0
Baths
0
½ Baths
0.83
Acres
13,000
SQFT
$288
$/SQFT
1968
Built
County:
El Paso
Area:
Colorado Springs
Property Description
This 32 Unit Motel is established and produces great income. It is located in a highly traveled commercial corridor of N Nevada. Near University of Colorado and Downtown Colorado Springs it is close to University Center and tons of visitor type places like Garden of the Gods, Air Force Academy, and Colorado College. This motel is well maintained and has a high occupancy rate. Motel and Office building total over 13,000SF! Units are standard units with one unit that includes a suite and kitchen and another larger unit with three bedrooms that could be converted into owners housing. High traffic count and foot traffic. Could be Redeveloped into multi family units!
Interior Features

Unit Count 0

Property Features

Commercial Sub Type Free-Standing BuildingHotel/MotelInn Commercial Use Type Business Notices Not Applicable Offered For Sale Property Sub Type Hotel/Motel Property Type Commercial Sales Price High 3750000 Tax Amount 2695.00 Terms CashOwner Carry



Pikes Peak Multiple Listing Service logo The Kibler Group | Keller Williams Partners- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-10-13T18:40:51.99.
 
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The Kibler Group | Keller Williams Partners
6140 Tutt Blvd, Suite 210
Colorado Springs CO, 80923
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Teegardin Realty and Investment Company: (719)574-7770.