3850 Broadway Englewood, CO 80113
- Hotels
- 1,144 SF
- 0.43 lot acres
Current Use by Public Records
- Hotels
Property Details for 3850 Broadway
- Year built
- 1952
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.43 lot acres
- Property size
- 1,144 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 2077-03-1-19-003
- APU
- 207703119003
Description
This exceptional 21-key motel presents a compelling investment opportunity in Englewood, Colorado. Located on South Broadway, this property boasts high visibility and a long-standing operational history exceeding 20 years, demonstrating consistent and stable income generation. The motel's financial performance reflects a strong cash flow, making it an attractive prospect for owner-users seeking a proven, established business. The property includes 21 guest rooms, supplemented by six additional suite rooms, offering a total of 27 units. A significant portion of the guest rooms have undergone recent renovations, ensuring a modern and well-maintained guest experience. The motel's location in Arapahoe County, at 3850 S Broadway, Englewood, CO 80113, places it within a thriving commercial area, benefiting from high traffic and excellent accessibility. This owner/user investment opportunity offers a blend of established profitability and potential for future growth, making it an ideal acquisition for discerning investors seeking a stable and cash-flow positive hospitality asset. The property's long history of successful operation, coupled with its recent renovations and prime location, positions it for continued success in the competitive hospitality market. This is a rare chance to acquire a well-established and profitable motel with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.987
- Latitude
- 39.6467
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA