8282 E Colfax

Hotel / Motel for Sale in Denver, Colorado 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.

Listing Office: Boundary Realty LLC