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True North Motel 2105 E Platte Ave

23 Room Hotel Colorado Springs, CO 80909 $1,850,000 ($80,435/Room)

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Executive Summary

Well maintained, 21 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, 88 Units of Storages for the additional income.

2105EplatteAve

scan (60)

ILC (5) (1)

Plot plan

Property Facts

Price	$1,850,000	Building Size	9,300 SF
Price Per Room	$80,435	No. Rooms	23
Sale Type	Investment	No. Stories	1
Property Type	Hospitality	Year Built/Renovated	1929/1983
Property Subtype	Hotel	Tenancy	Single
Building Class	C	Parking Ratio	2.47/1,000 SF
Lot Size	0.73 AC	Corridor	Exterior

Price	$1,850,000
Price Per Room	$80,435
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.73 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