The climate of smaller motel sales seems to be getting zoning officials to lighten their hard stance position of only motel uses and drifting toward affordable housing/multi-family uses. We just heard of a large motel in Denver being bought by the City for a different use than just a motel, please verify, I think that was the gist of that transaction...
Nicely renovated Motel very close to the casinos in Black Hawk. See pictures, More info to come soon. 25 rooms in the Lodge, 5 suites in the building to the right of it. The parking lot is like new with new striping. Many upgrades to rooms, shows well.
Will provide financials to qualified purchasers.