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$3,750,000
200 Arapahoe Ave, Boulder, CO, 80302
7,184
Square Feet
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.
Offered By
Michael-Ryan McCarty 3034421040, Gibbons-White, Inc.
Property Details
Property Type
Residential Income
Status
Closed
Property Sub Type
Income Property
Square Feet
7,184
MLS #
821305
Heating
Individual Heat Source
Cooling
None
Utility Features
Natural Gas Available, Electricity Available
SEWER
City Sewer
WATER SOURCE
City Water, City of Boulder
Year Built
1934
Basement
None
Roof
Composition
Lot Features
Wooded, Rock Outcropping, Abuts Park, Abuts Public Open Space
View
Foothills
CITY
Boulder
SUBDIVISION
Tr, Nbr 158, 160, 162
COUNTY
Boulder
AREA
Suburban Mountains
STATE
CO
SENIOR COMMUNITY
No
TAX AMOUNT
44493.0
LATEST UPDATE
2024-07-31T23:02:57.765Z
DAYS ON MARKET
198
PRICE CHANGE(S)
$4,650,000 Dec 8, 2022
CUMULATIVE DAYS ON MARKET
198
Property Details
Property Type
Residential Income
Status
Closed
Property Sub Type
Income Property
Square Feet
7,184
MLS #
821305
New Properties On Market
53
7%
Decrease In New Listings
Average Asking Price
$2,300,037
$814,313 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$840
$206 Increase In List Price/Sq. Ft.
Average Days On Market
10
21 Day
Decrease In Days On Market
Data as of Oct 06, 2024.
Remaining statistics above are calculated on activity within the period from Aug 01, 2024 to Sep 30, 2024.
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Property data was last updated on 9/8/2024 at 8:51 pm