1340 Big Thompson Ave

Estes Park, CO 80517
  • $3,795,000
  • STATUS: Active
  • ON SITE: 33 days
  • MLS #: 826552
UPDATED: 65 min ago
$3,795,000
  • 0
    BEDS
  • 2.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1954
County:

School Ratings & Info

Description

Great opportunity to own a successful, profit-generating motel in Estes Park. Situated on the main thoroughfare into Estes Park with 142' of highway frontage. One million dollar renovation project just completed with the creation of the Coyote Suites consisting of 6 deluxe suites and two condo units. 48 total units that have seen a 700% increase in revenues over the past five years with a 35% EBITDA NOI. Owner is a Licensed Real Estate Agent in Colorado.



Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2017 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or 8z Real Estate. Data last updated 2017-08-17T10:39:37.197.
frontrange.8z.com/homes/74654546

1340 Big Thompson Ave Estes Park, CO 80517

  • Price: $3,795,000
  • Status: Active
  • Updated: 65 min ago
  • MLS #: 826552
0
Beds
0
Baths
0
½ Baths
2.2
Acres
1954
Built
Neighborhood:
Grand Estates
County:
Larimer
Area:
11 Estes Park area (Larimer County)
Property Description
Great opportunity to own a successful, profit-generating motel in Estes Park. Situated on the main thoroughfare into Estes Park with 142' of highway frontage. One million dollar renovation project just completed with the creation of the Coyote Suites consisting of 6 deluxe suites and two condo units. 48 total units that have seen a 700% increase in revenues over the past five years with a 35% EBITDA NOI. Owner is a Licensed Real Estate Agent in Colorado.
Exterior Features

Construction Wood/FrameBrick/Brick VeneerWall: BlockWall: Stone Property Views Back Range/Snow Capped Waterfront No

Interior Features

Cooling Refrigeration/Hvac Disabled Accessibility Features Ramp Access Heating Forced AirHot Water

Property Features

Capitalization Rate 15.11 Commercial Industrial Type Other CommericalLive/Work Energy Star Certified No Gross Operating Income 979232.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Estes Park Nahb Certified No Net Operating Income 573422.0000 New Construction Status Not NewPreviously Owned Ownership Licensed Owner Tax Year 2017 Tenant Pays Nothing Total Operating Expense 405810.0000 Zoning Accomodati

© 2017 IRES.
Listing provided courtesy of Coldwell Banker Res-Canyonblvd


Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2017 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or 8z Real Estate. Data last updated 2017-08-17T10:39:37.197.
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