$3,750,000
$4,650,000
19.4%For more information regarding the value of a property, please contact us for a free consultation.
1.05 Acres Lot
SOLD DATE : 12/08/2017
Key Details
Sold Price $3,750,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Tr, Nbr 158, 160, 162
MLS Listing ID 821305
Sold Date 12/08/17
HOA Y/N false
Originating Board IRES MLS
Year Built 1934
Annual Tax Amount $44,493
Lot Size 1.050 Acres
Acres 1.05
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.
Location
State CO
County Boulder
Area Suburban Mountains
Zoning T
Rooms
Basement None
Interior
Heating Individual Heat Source
Cooling None
Exterior
Utilities Available Natural Gas Available, Electricity Available
Waterfront Description Abuts Stream/Creek/River
View Foothills View
Roof Type Composition
Street Surface Paved,Asphalt
Building
Lot Description Wooded, Rock Outcropping, Abuts Park, Abuts Public Open Space
Sewer City Sewer
Water City Water, City of Boulder
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Whittier, University Hill
Middle Schools Centennial
High Schools Boulder
School District Boulder Valley Dist Re2
Others
Senior Community false
Tax ID R0033107
SqFt Source Assessor
Special Listing Condition Partnership
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Bought with Gibbons-White, Inc.
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