200 Arapahoe Ave

Boulder, CO 80302
  • $4,650,000
  • STATUS: Active Under Contract
  • ON SITE: 146 days
  • MLS #: 821305
Under Contract
UPDATED: 44 min ago
$4,650,000
  • 0
    BEDS
  • 1.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,184
    SQFT
  • $647
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1934
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

The Classic and Timeless Foot of the Mountain Motel, Complete with Much of its Original Character and Charm from the 1930's, Along with Many Modern Upgrades. The Property is Comprised of 18 Standard Motel Units and Two Suites across 4 Buildings. Strong and Increasing Revenues Leave Room for Additional Upside for a New Owner as well as Potential Expansion of the Use to Include Events and Weddings to Fully Utilize This Picturesque Setting. Exceptional Redevelopment Potential.



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 2017-10-20T18:39:33.767.
frontrange.8z.com/homes/72986063

200 Arapahoe Ave Boulder, CO 80302

  • Price: $4,650,000
  • Status: Active Under Contract
  • Updated: 44 min ago
  • MLS #: 821305
0
Beds
0
Baths
0
½ Baths
1.05
Acres
7,184
SQFT
$647
$/SQFT
1934
Built
Neighborhood:
Tr, Nbr 158, 160, 162
County:
Boulder
Area:
06 Suburban Mountains
Elementary School:
Whittier
Middle School:
Centennial
High School:
Boulder
School District:
Bldr Valley Dist RE2
Property Description
The Classic and Timeless Foot of the Mountain Motel, Complete with Much of its Original Character and Charm from the 1930's, Along with Many Modern Upgrades. The Property is Comprised of 18 Standard Motel Units and Two Suites across 4 Buildings. Strong and Increasing Revenues Leave Room for Additional Upside for a New Owner as well as Potential Expansion of the Use to Include Events and Weddings to Fully Utilize This Picturesque Setting. Exceptional Redevelopment Potential.
Exterior Features

Construction Wood/Frame Location Description Wooded LotEvergreen TreesDeciduous TreesRock Out-CroppingsAbuts Stream/Creek/RiverAbuts ParkAbuts Public Open Space Lot Improvements Street Paved Property Views Foothills View Road Access City Street Waterfront No

Interior Features

Basement Foundation No Basement Cooling No Cooling Heating Individual Heat Source Inclusions Smoke Alarm(S)

Property Features

Capitalization Rate 6.69 Commercial Industrial Type Other Commerical Energy Star Certified No Gross Operating Income 799953.7600 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 Backup Locale Boulder Nahb Certified No Net Operating Income 311023.7600 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Partnership Possible Usage Business Tax Year 2016 Taxes 44493 Tenant Pays Nothing Total Operating Expense 488930.0000 Utilities Natural GasElectric Zoning T

© 2017 IRES.
Listing provided courtesy of Gibbons-White, Inc.


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 2017-10-20T18:39:33.767.
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4041 Hanover, Suite 200
Boulder CO, 80305