4700 Nevada AveColorado Springs, CO 80918
Profitable motel, high visibility, C6 zoning.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- Profitable 12-unit motel generating $108,696.34 projected 2024 NOI and a 9.8% cap rate.
- C-6 zoning allows for diverse redevelopment options.
- Two-building property with a large on-site manager's suite on a 0.56-acre lot.
- Highly visible location with additional income from a billboard.
Property Details for 4700 Nevada Ave
- Property type
- Hospitality properties, Motels
- Square Feet
- 3,529 SF
- Year Built
- 1954
- Lot Size (sq. ft)
- 24,394 SF
Location Insight
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Latitude
- 38.899481662847
- Longitude
- -104.81794671497
Nearby Similar for Sale
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