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Professional Real Estate agent, world traveler, and Reiki Master, Christina de Barros has a unique set of skills. Recognized as a Miracle Agent by ch...
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Listing Source
With courtesy of Boundary Realty LLC Posted by REcolorado (Denver)
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of RECOLORADO®, Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
This exceptional property features 18 well-maintained guest units along with a caretaker’s residence, presenting a rare redevelopment opportunity on the East Colfax corridor. The area has seen successful conversions of similar hotels into high-demand monthly residencies, highlighting the property's flexibility and growth potential.
This asset offers significant value and upside for both savvy investors seeking profitable redevelopment projects and existing hotel owners looking to expand or reposition their portfolio. With strategic remodeling and effective management, the property could be transformed into a high-yield investment, capitalizing on the growing demand for extended stays in Denver.
Priced below construction costs, this opportunity provides an outstanding entry point for those looking to create substantial value through renovation and operational improvements. Don’t miss the chance to acquire a prime property in a developing corridor with tremendous potential for appreciation and income growth.