8282 E Colfax Ave, Denver, CO 80220
- Motels
- 7,088 SF
- 0.28 lot acres
Current Use by Public Records
- Reese's / Hotel & Motel
- REGIS MOTEL / Hotel & Motel
Property Details for 8282 E Colfax Ave
- Year built
- 1954
- Construction
- WOOD
- Lot size
- 0.28 lot acres
- Zone code
- E-MS-3
- Property type
- Motels
- APN
- 06041-07-017-000
- APU
- 604107017000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 23, 2023 | $1,500,000 | G And E LLC | Regis Motel LLC | Special Warranty Deed | $500k · Capital Fund I LLC |
| Jun 3, 2019 | $1,300,000 | Regis Motel LLC | Myong Lee | Warranty Deed | $1M · Open Bank |
| Jun 3, 2019 | — | Myong J Lee | Regis Motel Corp | Quit Claim Deed · related | — |
| May 18, 2017 | — | Myong Lee | Regis Motel Corp | Quit Claim Deed · related | — |
| Apr 10, 2015 | $440,000 | Regis Motel Corp | Martinez Toby & Tracey | Grant Deed | $190k · Toby & Tracey Martinez |
| Jul 5, 2007 | — | Toby Martinez | Martinez,toby | Quit Claim Deed · related | $327k · Bank Of The West |
| Mar 21, 2002 | — | Toby Martinez | Grossjung,eric | Quit Claim Deed · related | — |
| Aug 1, 2001 | $320,000 | Toby Martinez | New Vega Enterprises Ltd | Grant Deed | $267k · Merchants Mortgage & Trust |
| — | — | Toby Martinez | — | Deed Of Trust · related | $101k · Bank Of The West |
| — | — | Sung H Kim | — | Deed Of Trust · related | $137k · World Savings Bank |
| — | — | Toby Martinez | — | Deed Of Trust · related | $274k · Commercial Federal Bank |
| — | — | Toby Martinez | — | Deed Of Trust · related | $257k · Commercial Federal Bank |
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,250,000
- ML approach
- $1,280,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $910,000
- 6.5%
- $840,000
- 7%
- $780,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,169,000
Market price range: $1.10M - $2.75M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $1,710,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,900,000 Change: +11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.892
- Latitude
- 39.7399
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA