Julesburg, CO 80737 15225 US Highway 385
$800,000
Pending
20 more
Presented By: Benson Ag Land Realty LLC; 9704742000
Home Details
A 59-unit motor hotel on Interstate 76 at Julesburg, the northeastern gateway to Colorado. Investment opportunity in an operational business with expansion property available both north and west of the motel. Restaurant and bar, fully equipped but not currently operating, are included in the main office building. Outdoor swimming pool inside a fenced area central to the motel. 59 rooms: 20 rooms with King-size beds, 19 rooms with two twin beds, 18 rooms with two Queen beds, plus two rooms currently in renovation. 15 rooms have been newly renovated. Built in 1971-1972 of concrete blocks with brick veneer. Large asphalt parking lot with 100+ spaces.
Presented By: Benson Ag Land Realty LLC; 9704742000
Interior Features for 15225 US Highway 385
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 15225 US Highway 385
Attached Garage No
Business TypeIncorporated Area
Cap Rate51.25
CityJulesburg
Construction MaterialsBrick/Brick Veneer, Block, Wall: Block
CoolingMulti Units
CountySedgwick
ElectricElectric, Highline
Elementary SchoolJulesburg
Garage Y/NNo
Gas Y/NNatural Gas, BHE
Gross Income428901.48
HOANo
HeatingIndividual Heat Source
High SchoolJulesburg
High School DistrictJulesburg RE-1
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet145926
Lot Size UnitsSquare Feet
MLS AreaSedgwick
Net Operating Income410003.48
New ConstructionNo
Operating Expense18898
Possible UseCommercial or Industrial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeSale: Commercial/Industrial
Property TypeCommercial Sale
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusPending
StatusPending
Subdivision NameSouth Platte Add
Tax Annual Amount18898
Tax Year2024
Tenant PaysNone
UtilitiesNatural Gas Available, Electricity Available
Waterfront Y/NNo
Year Built1971
ZoningComm
Exterior for 15225 US Highway 385
Building Area Total69057
Horse Y/NNo
Lot FeaturesLevel
Lot Size Acres3.35
Lot Size Area145926
Parking FeaturesPaved
Road Frontage TypeHighway, Interstate
Road Surface TypeConcrete
SpaNo
Water SourceCity Water, Town of Julesburg
Additional Details
Price History
Schools
High School
Julesburg High School
Elementary School
Julesburg Elementary School
Middle School
N/A
