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Clearview Motel 7750 Highway 2

28 Room Hotel Commerce City, CO 80022 $1,600,000 ($57,143/Room)

Executive Summary

The subject property is located at Prime location of Highway 2 and Quebec St. in Commerce City. It has 28 units Bungalow style Apartments, Very easy to manage Apartment Business, For 26 years owned seller is retiring. Property Tax only $15,000 with very low overhead expenses approximately 63,100 Square Feet, 1.45 Acres lot.

Property Facts

Price $1,600,000
Price Per Room $57,143
Sale Type Investment
Sale Conditions 1031 Exchange
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.45 AC
Building Size 8,772 SF
No. Rooms 28
No. Stories 1
Year Built 1942
Tenancy Single
Parking Ratio 2.96/1,000 SF
Corridor Exterior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 28 $33.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1721-32-1-24-011
Land Assessment
$25,610
Improvements Assessment
$189,620
Total Assessment
$215,230

zoning

Zoning Code C-2, Commerce City
C-2, Commerce City
  • Listing ID: 31444620

  • Date on Market: 4/7/2024

  • Last Updated:

  • Address: 7750 Highway 2, Commerce City, CO 80022

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