NOT LISTED FOR SALE
-- Bed
-- Bath
4,000 Sq Ft
9,583 Sq Ft Lot

Last Sold March 26, 2015

Last sale price $365,000 $91 Per Sq Ft

199 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-Story Property
  • Evaporated cooling system

About This Home

As of March 2015

ESTABLISHED MOTEL WITH GENERATING INCOME! Comes with 14 units plus office/manager quarters. Busy downtown location providing daily & weekly rates. Low vacancy and high cash flow.

Last Agent to Sell the Property

Jamie Goodvin

JPAR Modern Real Estate Listed on: 08/09/2014

JPAR Modern Real Estate

Last Buyer's Agent

Kevin Greenwood

Greenwood Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 9,583

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Schools

  • Maplewood Elementary School
  • Franklin Middle School
  • Northridge High School

Utilities

  • Evaporated cooling system
  • Baseboard Heating

Additional Features

  • 9,583 Sq Ft Lot
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number R3016286

Community Details

Overview

  • No Home Owners Association
  • 14 Units
  • Greeley Subdivision

Building Details

  • Gross Income $194,180
  • Net Operating Income $160,774

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Greeley
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4000
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial or Industrial
  • Private Spa: No
  • Has Basement: Partial
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Mineral Rights Excluded
  • Waterfront: No
  • Construction Type: Wood/Frame, Block
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Evaporative Cooling
  • Electric: Electric, Xcel
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Atmos

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Maplewood
  • HighSchool: Northridge
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Franklin

Lot Info

  • Zoning: Lodging
  • Lot Size Sq Ft: 9583
  • Parcel #: R3016286
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 14
  • Annual Gross Income: 194180
  • Income Includes: ["Lease/Rents"]

Tax Info

  • Tax Annual Amount: 6102

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $365,000 -- --
03/26/2015 03/26/15 Sold $365,000 -8.7% $91 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
08/09/2014 08/09/14 For Sale $399,999 -- $100 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 744333

IRES MLS