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3920 N Nevada Avenue, Colorado Springs, CO, 80907

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$3,750,000

  • Highlights
  • Commercial
  • Hotel/Motel
  • 3920 N Nevada Avenue, Colorado Springs, CO, 80907 listed by Tasha Teegardin ABR AHWD GRI
  • Active
  • MLS#: 1231465
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Space maker

Property Description

This 32 Unit Motel is established and produces great income. It is located in a highly traveled commercial corridor of N Nevada. Near University of Colorado and Downtown Colorado Springs it is close to University Center and tons of visitor type places like Garden of the Gods, Air Force Academy, and Colorado College. This motel is well maintained and has a high occupancy rate. Motel and Office building total over 13,000SF! Units are standard units with one unit that includes a suite and kitchen and another larger unit with three bedrooms that could be converted into owners housing. High traffic count and foot traffic. Could be Redeveloped into multi family units!

Property Listed By

Picture of REALTOR Listing Property
  • Tasha Teegardin ABR AHWD GRI
  • 4386-013-917  Call the Agent 
Picture of Office Listing Property
  • Teegardin Realty and Investment Company
  • 0777-475-917  Call the Agent 

Property Details

    Property Information

  • Offered For: Sale
  • Sale Price High: $3,750,000
  • Property Sub Type : Hotel/Motel
  • County: El Paso
  • Tax: $2,695

    Building and Units

  • Construction Year: 1968
  • Building Prop Name: Best Inn
  • Building SqFt: 13,000
  • Sq Ft Source: Assessor Records
  • LP Sqft: 288
  • Total Units: 1
  • Acres Available: 0.83
  • Bldg SqFt Available: 13,000
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                3920 N Nevada Avenue, Colorado Springs, CO, 80907

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                Disclaimer: The real estate listing information and related content displayed on this site 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.