Stay 7830

945 Nob Hill Road Evergreen, CO 80439

945 Nob Hill Road, Evergreen, CO, 80439
945 Nob Hill Road, Evergreen, CO, 80439 945 Nob Hill Road, Evergreen, CO, 80439 945 Nob Hill Road, Evergreen, CO, 80439 945 Nob Hill Road, Evergreen, CO, 80439 945 Nob Hill Road, Evergreen, CO, 80439 945 Nob Hill Road, Evergreen, CO, 80439 945 Nob Hill Road, Evergreen, CO, 80439 945 Nob Hill Road, Evergreen, CO, 80439 945 Nob Hill Road, Evergreen, CO, 80439 945 Nob Hill Road, Evergreen, CO, 80439 945 Nob Hill Road, Evergreen, CO, 80439
FOR SALE
Property Type:
Motel
Amount:
$3,500,000
Last Verified:
Jun 25, 2024

Daily Email Blast
0 times



Description

Offer details:

- Seven of fourteen shovel ready sites (half of the total development)

- Asking $3,500,000 for 7 of 14 shovel ready sites (5 one bedroom & 2 two bedroom)

o Cost to build 7 units (5 one bedroom & 2 two bedroom) is $2,200,000

o Use of common area / clubhouse

- All units will have fire suppression (sprinkler) systems

- HOA documents already created

- Total Land Area of the 14 units is 6.34 acres

- Approved/Zoned for Nightly rentals

- Water and sewer installed

- Can be used as a wedding venue provided the guest stay at the Property


This offering may include 7 additional units and 950 Nob Hill for an asking price of $8,800,000:

- Total of 14 shovel ready sites (10) one bedroom and (4) two bedroom) including the clubhouse

- 950 Nob hill is a 6 bedroom / 3 bathroom 1,942 square foot home approved for nightly rental

- Gross income of 950 Nob Hill is $150,000/annually

- Total land area is 7.92 acres

- Plans for a caretakers / manager unit are included (cost to build is approximately $400,000)

The site is conveniently located just seconds from I-70, 40 minutes to Denver International Airport, 15 minutes from historic downtown Evergreen / Evergreen Lake, less than a hour from world class skiing, 30 minutes to downtown Denver.

Several amenities within walking distance including local restaurants, liquor store, bike rentals and Walmart. Other nearby amenities in the immediate vicinity include, gas station, carwash and dry cleaners. Only an 8 minute drive to Bergen Park with local shops, restaurants and King Soopers.

Convenient location just seconds from I-70. Continental Divide views and Downtown Denver city views


Year Built: 1970
Building Size: 1707sq ft
Lot Size: 6.34 acres

Map of 945 Nob Hill Road, Evergreen, CO, 80439

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.