SOLD
Denver-Based Buyer Acquires 34-Unit Shepherds Motel In Colorado For $3M
1525 Valentia Street
Hotel
Sold 331 days ago
Summary
Sale
COLORADO
Hotel
A historic property in Denver, Colorado has been sold to a local buyer for $3 million. The Shepherds Motel, featuring 34 units, was purchased by a Denver-based buyer. The motel, located at 1525 Valentia St., has been under family ownership and operation since 1994.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $3,000,000
- Units: 34
- Price Per Unit: $88,235
- Address: 1525 Valentia Street, Denver, CO
Barton Thompson and James Few, representing the Thompson Group at Pinnacle Real Estate Advisors, played dual roles in facilitating the transaction as representatives of both the seller and the buyer.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Barton Thompson & James Few
DATE: 06/23/2023
ADDRESS: 1525 Valentia Street
MARKET: Denver, CO
ASSET TYPE: Hotel
BROKERS: Barton Thompson & James Few - Pinnacle Real Estate Advisors
SALE PRICE: $3,000,000
UNITS: 34 ~ PPU: $88,235
NOTE: A Denver-based buyer has successfully purchased the Shepherds Motel, a historic property comprising 34 units, for $3 million. The motel, situated at 1525 Valentia St., has been under family ownership and operation since 1994. Barton Thompson and James Few, representing the Thompson Group at Pinnacle Real Estate Advisors, played dual roles in facilitating the transaction as representatives of both the seller and the buyer.View on map
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Address1525 Valentia Street
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