105 8Th AveGreeley, CO 80631

Property Details for 105 8Th Ave

Year built

1953

Property size (Sq ft)

6,412 SF

Property type

Other multifamily properties

Property subtype

Residential income properties

Description

This renovated 16-room boutique motel in Greeley, CO, presents a unique investment opportunity. The property boasts 6,412 square feet and includes an on-site manager's residence, ideal for owner-occupancy. Situated for optimal visibility and accessibility, the motel benefits from its prominent location and eye-catching neon signage. The current asking price is $1,525,000, with seller financing available to qualified buyers. A down payment of $575,000 is required, with a 5-year term at 5% interest only. This established business offers strong income potential, making it an attractive proposition for both retirees seeking a hands-on venture and their children looking for future involvement. The property's design and location make it a compelling choice for travelers, offering a comfortable and memorable stay. The inclusion of a separate manager's residence enhances the property's functionality and livability. This turnkey operation is ready for a new owner to continue its success and build upon its existing foundation. The property is situated on a lot with zero acres. The motel's design and location make it a compelling choice for travelers, offering a comfortable and memorable stay. The property is well-suited for a variety of ownership structures, offering flexibility and potential for long-term growth.

Location Insight

City

Greeley

County

Weld

State

Colorado

Latitude

40.4336

Longitude

-104.691

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].