North Valley Motel | 6231 Federal Blvd
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North Valley Motel 6231 Federal Blvd
21 Room Hotel Denver, CO 80221 $2,100,000 ($100,000/Room)
Investment Highlights
- Heavy Traffic Area
- Value Add Motel Property
- Opportunity Zone
Executive Summary
Discover an exceptional investment opportunity at 6231 Federal Blvd, Denver, CO 80221. This 0.63-acre property, currently operating partially as a motel is ideally situated for redevelopment into a multifamily residential complex or conversion into apartments.
Prime Location: Located within the opportunity zone close to the Clear Creek PUD and Federal Station TOD, this property is just a short walk from the Clear Creek/Federal Station on RTD's G Line, offering seamless connectivity to downtown Denver and surrounding areas.
Thriving Community Developments: The area is experiencing significant growth, highlighted by the Federal Station transit-oriented development (TOD), which encompasses approximately 12 acres near 60th and Federal Blvd. This initiative aims to create a vibrant, mixed-use community, enhancing the neighborhood's appeal and value. In addition the Clear Creek PUD less than a block away is a nearly 21 acre development that has already broken ground.
Opportunity Zone Benefits: Located within an Opportunity Zone. Potentially offering attractive tax incentives to savvy investors.
High Visibility and Traffic: Situated on Federal Boulevard, a major arterial road in Denver, the property benefits from high daily traffic counts, ensuring excellent visibility for future developments. This prime location is surrounded by a variety of local businesses and attractions, contributing to a dynamic and convenient urban lifestyle.
Property Details:
Size: 0.63 acres
Current Use: Motel
Zoning: C-5
Potential: Redevelopment into multifamily residential units or apartment conversion
Seize this unique opportunity to invest in a rapidly developing area of Denver, with excellent transit access, community enhancements, and favorable investment incentives. For more information or to schedule a viewing, please contact the listing broker.
The adjacent property also for sale at 6201 Federal Blvd.
Prime Location: Located within the opportunity zone close to the Clear Creek PUD and Federal Station TOD, this property is just a short walk from the Clear Creek/Federal Station on RTD's G Line, offering seamless connectivity to downtown Denver and surrounding areas.
Thriving Community Developments: The area is experiencing significant growth, highlighted by the Federal Station transit-oriented development (TOD), which encompasses approximately 12 acres near 60th and Federal Blvd. This initiative aims to create a vibrant, mixed-use community, enhancing the neighborhood's appeal and value. In addition the Clear Creek PUD less than a block away is a nearly 21 acre development that has already broken ground.
Opportunity Zone Benefits: Located within an Opportunity Zone. Potentially offering attractive tax incentives to savvy investors.
High Visibility and Traffic: Situated on Federal Boulevard, a major arterial road in Denver, the property benefits from high daily traffic counts, ensuring excellent visibility for future developments. This prime location is surrounded by a variety of local businesses and attractions, contributing to a dynamic and convenient urban lifestyle.
Property Details:
Size: 0.63 acres
Current Use: Motel
Zoning: C-5
Potential: Redevelopment into multifamily residential units or apartment conversion
Seize this unique opportunity to invest in a rapidly developing area of Denver, with excellent transit access, community enhancements, and favorable investment incentives. For more information or to schedule a viewing, please contact the listing broker.
The adjacent property also for sale at 6201 Federal Blvd.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,100,000 | Building Size | 36,850 SF |
| Price Per Room | $100,000 | No. Rooms | 21 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1954 |
| Property Subtype | Hotel | Parking Ratio | 0.76/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.63 AC | Opportunity Zone |
Yes
|
| Price | $2,100,000 |
| Price Per Room | $100,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.63 AC |
| Building Size | 36,850 SF |
| No. Rooms | 21 |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 0.76/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 21 | $52.00 | - |
PROPERTY TAXES
| Parcel Number | 1825-08-2-04-007 | Improvements Assessment | $134,580 |
| Land Assessment | $11,200 | Total Assessment | $145,780 |
PROPERTY TAXES
Parcel Number
1825-08-2-04-007
Land Assessment
$11,200
Improvements Assessment
$134,580
Total Assessment
$145,780
zoning
| Zoning Code | C-5 (C-5 ZONING OPPORTUNITY ZONE) |
| C-5 (C-5 ZONING OPPORTUNITY ZONE) |
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North Valley Motel | 6231 Federal Blvd
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