60 Hickory Ave - Hospitality FOR SALE


Akron, CO 80720
$755,000 USD
970-867-1181
60 Hickory Ave, Akron, CO for Sale
$755,000 USD
Hospitality - FOR SALE
1/11
null | 4.64% Cap Rate

60 Hickory Ave
Akron, CO 80720


OVERVIEW

MOTEL and EVENT CENTER on 2.21 Acres! Excellent investment opportunity where you can live and work from the same location! Successful motel with 17 rooms (13 singles and 4 doubles). Each room includes a private bathroom, nightstand, desk/table with chair, lamps, microwave, mini refrigerator and TV. Private 2-Bedroom residence with living room and kitchen connected to office/lobby area. Lobby/lounge area and registration office were recently remodeled including tile and wood flooring, fireplace insert, coffee bar, and 2 ADA compliant bathrooms. The Event Center features a large conference room with connecting full-size kitchen and a separated recreation room with playroom. Additional bathrooms located within the event center. Professional office with private entrance and private bathroom also available to be rented. Property also features a heated/cooled 1600sqft shop with 4 garage doors. Truck parking with electrical hook-ups located in the parking area. Commercial grade washer/dryer on site. Guest laundry area and ice machine available. Must see to fully appreciate the amazing potential of this property!

FOR SALE DETAILS

PRICE

$755,000 USD

PRICE/SF

$63 USD /SF

# OF ROOMS

17

PRICE/ROOM

$44,412 {currency}

CAP RATE

4.64%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gemma's Crossing

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,287 SF

ZONING

-

APN/PARCEL ID

92036001006

ASK ABOUT THIS PROPERTY

KC SailsberyPlatte River RealtyMore Info
970-867-1181

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KC SailsberyPlatte River RealtyMore Info
970-867-1181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.