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Commercial For sale Lodging and Hospitality Motel

Motel for Sale in Denver Colorado 80239

12020 E 39th Ave, Denver, Colorado 80239

$10,499,000
$301 / sq ft Listed Feb 20, 2025
34,928 sqft
Building
1979
Built
2
Stories
1
Units

About this property

Motel for Sale in Denver Colorado 80239 is a lodging and hospitality for sale in Denver, Colorado, listed at $10,499,000. Key details: year built 1979, building size 34,928 sqft, stories 2, total units 1. Listed by Alex Kovacs of Madison Commercial on LoopingCloud and last updated February 20, 2025.

Key highlights

  • - Zoned I-A for commercial use
  • - Potential for value-add investment

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
1979
Building Size
34,928 sqft
Stories
2
Total Units
1
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

$301
Price per sq ft

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $10,499,000 - - - -

Features and amenities

Highlights

  • -Motel 6 franchise, the "king" of economy hotels
  • -Motel 6 will become more valuable as most of other former Motel 6 hotels in the Denver metro have been converted to Park Inn, a competing Choice economy brand with no name recognition
  • -Consistent annual revenues near $3 million
  • -High income margin, averaging over 40 percent
  • - Ideal for Hospitality / Economy investor
  • - Zoned I-A for commercial use
  • - Prime I 70 location in Denver airport area
  • - Potential for value-add investment

Location

Address as shown by the lister.

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About this area - Denver

Population
28,796
Housing units
8,968
Land area
8.3 sq mi
County
Denver

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Frequently asked questions

What is the asking price of Motel for Sale in Denver Colorado 80239?

Motel for Sale in Denver Colorado 80239 is listed at $10,499,000. That works out to about $301 per square foot.

Where is Motel for Sale in Denver Colorado 80239 located?

The property is in 12020 E 39th Ave, Denver, Colorado 80239, Denver County.

What type of property is this?

This is a lodging and hospitality for sale in the commercial category.

How big is the property?

The building is 34,928 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Alex Kovacs of Madison Commercial listed this property. Use the Request Info button to send a message or call (303) 785-3803.

When was this listing published?

It was published on February 20, 2025 and last updated on February 20, 2025.

Listing information

Listing ID
CL-Colorado-14240
Published
Feb 20, 2025
Last updated
Feb 20, 2025
Views
483

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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