2423 West 29th Street Greeley CO 80631 237446686 40.391415 -104.72024 60105 /listing/237446686-151082055/2423-west-29th-street-greeley-co-80631 False 0 3950000.0 18190 101 100 49 50 4795638 False 1994 0.92 0.92

2423 West 29th Street

Greeley, CO 80631 MLS# 4795638

Active 04/24/19
237446686 False False 40.391415 -104.72024 60105 /listing/237446686-151082055/2423-west-29th-street-greeley-co-80631 False 0 3950000.0 18190 101 49 50 4795638 False 47193512 0
$3,950,000
MLS# 4795638
Active 04/24/19
  • 49 Bedrooms Beds
  • 50 Bath Baths
  • 18,190 Square Feet Sq.Ft
  • 0.92 Acres
  • 1994 Year Built Yr. Built

2423 West 29th Street

Greeley, CO 80631 MLS# 4795638

Active 04/24/19
237446686 40.391415 -104.72024 60105 /listing/237446686-151082055/2423-west-29th-street-greeley-co-80631 False 0 3950000.0 18190 101 49 50 4795638 False
$3,950,000
  • 49 Bedrooms
  • 50 Bath
  • 18,190 Square Feet
  • 0.92 Acres
  • 1994 Year Built

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Description

This beautifully updated hotel is an ideal home base for Colorado travelers. Located off I-76 and Highway 34, near major intersections of Highway 85 which leads to Cheyenne WY and Denver Metro. Excellent location offers great visibility and easy access to lots of attractions and activities including Greeley Mall, UNC, parks, trails, museums, historic downtown, golf courses, and more. Greeley is a booming town and has been ranked No. 2 in the U.S for career opportunities by Smart Asset, a Financial information website and ranked Weld County No. 1 in Colorado based on growth, GDP growth and federal funding. Do not miss this great opportunity!

Courtesy Of COLDWELL BANKER RES BROKERAGE

Listing Information

  • Property Type: Income
  • Property Subtype: Commercial
  • Style: Multi-Story
  • Building Style: Low Rise (1-3)
  • Locale: Greeley
  • Beds: 49
  • SqFt Finished: 18190
  • SqFt Above: 18190
  • PSF Above Grade: 217.15
  • PSF Finished: 217.15
  • PSF Total: 217.15
  • Lot Size Sq Ft: 40075.00
  • Total Acres: 0.92
  • PPA: 4293478.26
  • Construction: Brick, Frame
  • Construction Materials: Brick, Stucco
  • Year Built: 1994
  • Building Name: Super 8 Motel
  • Additional Information: Accessible/Handicap Features, Income History Available, Quick Possession

Interior Features

  • Flooring: Carpet, Tile Floor
  • Interior Features: Cable Available, Security System, Updated, Window Coverings
  • Exclusions: Seller's personal property

Room Details

  • Basement Floor Type: Slab

Parking/Garage

  • Parking Lot

  • Parking Spaces Number Of: 57
  • Parking Type: Parking Lot
  • Parking: Driveway-Asphalt
  • Parking Total Searchable: 57
  • Total Carport Spaces: 0
  • Total Offstreet Spaces: 57
  • Total Reserved Spaces: 0
  • Total RV Spaces: 0

Community/Neighborhood Information

  • Walk Score: 41

Financial Considerations

  • Owner Pays Utilities: Electricity, Gas, Insurance, Internet, Maintenance, Phone, Property Tax, Television, Trash, Water
  • Annual Expenses: 562000
  • Annual Expenses Benefits: 243461
  • Cap Rate: 12.00
  • Gross Income: 1033000
  • Insurance Expense: 25186
  • Maintenance Exp: 6787
  • Net Operating Income: 471000
  • Other Expense: 33667
  • Payroll Annual Expense: 192324
  • Potential Rental Income Annual: 1580000
  • Real Estate Taxes: 59140
  • Tax Amount: 59140.00
  • Tax ID: R0329194
  • Tax Year: 2018
  • Vacancy Credit Losses: 553000

Exterior & Lot Features

  • Roof: Architectural Shingles
  • Exterior Features: Gutters, Lighting, Sprinkler System
  • Road Surface: Paved Road
  • Zoning: Commercial

Utilities & Green Home Features

  • Cooling: Air Conditioning-Individual
  • Heating: Wall Heater
  • Heating Fuel: Heat Pump/Thermal
  • Other HVAC: Central Hot Water
  • Utilities: Cable TV, Internet Access (Wired), Telephone
  • Electric Service: 110V

Schools Near 2423 West 29th Street Greeley, CO

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