Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

939 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Rodeway Inn Brush 1208 N Colorado Ave

44 Room Hotel Brush, CO 80723 $1,700,000 ($38,636/Room) 10.35% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Excellent visibility and Easy access to Highway 76
Good amenities such as guest laundry and a pool

Updated and Spacious 44 rooms with vaulted ceiling plus one 3 bedroom apartment

Executive Summary

An opportunity awaits the fortunate next owner of this updated 44-room hotel with a 3-room apartment in a growing city. Boasting excellent visibility and effortless access to Highway 76, this property offers spacious rooms with vaulted ceilings that guests love. Its amenities include a convenient lobby, breakfast cafeteria, guest laundry, and swimming pool. Every room has a PTAC window unit, refrigerator, microwave, iron, iron board, telephone, and more for unparalleled comfort and convenience. Recent upgrades encompass new touch key cards, countertops, mirrors, curtains, lights, and exterior paint. Contact the listing agent for more information!

NDA

Brokerage Disclosure

Financial Summary (Actual - 2023) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
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	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

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	$1,700,000	Lot Size	1.97 AC
Price Per Room	$38,636	Building Size	23,805 SF
Sale Type	Investment	No. Rooms	44
Cap Rate	10.35%	No. Stories	2
Sale Conditions	1031 Exchange	Year Built/Renovated	1967/2022
Property Type	Hospitality	Parking Ratio	1.85/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,700,000
Price Per Room	$38,636
Sale Type	Investment
Cap Rate	10.35%
Sale Conditions	1031 Exchange
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	1.97 AC
Building Size	23,805 SF
No. Rooms	44
No. Stories	2
Year Built/Renovated	1967/2022
Parking Ratio	1.85/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.