Contacts
Hoff & Leigh
Hoff & Leigh
Property Details
- Property Type Other
- Property Size 4,188 SF
- Lot Size 0.14 Acre
- Cap Rate % 12.96
- Date Updated Jun 4, 2025
Hoff & Leigh proudly presents an opportunity to purchase a 14-unit motel on busy East Colfax. Step into the character and convenience of 8828 E Colfax Avenue in Denver’s East Colfax neighborhood. This opportunity has serious history as part of Colfax Main Street, and it’s a prime spot with easy access to downtown and major roads. The La Rue Motel has endless potential along with many recent upgrades. There is also a billboard on premise, creating additional income. 5 units have kitchenettes, there are manager quarters for an on-site manager, and there have been heavy renovations to the entire property including a new electrical service.
*Designated for the Colorado Opportunity Zone Program
*Proforma Cap Rate – 19.89%
*Current Cap Rate (Minus 2024 Capital Improvements) – 12.96%
*2024 NOI (Minus Capital Improvements) – $116,623.71
*Billboard Income – $3,300 / Year
*Property Taxes – $3,331.90 / Year
Reach out to the broker for more info on lease terms and amenities
Getting around
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78/100
Walk Score ®
-
51/100
Transit Score ®
-
64/100
Bike Score ®
Location
- City Denver, CO
- Neighborhood East Colfax
- Zip Code 80220
- Market Denver
Points of Interest
-
Union Station Light Rail Plaza
6.36 miles
-
10th & Osage
6.43 miles
-
Commerce City & 72nd
6.72 miles
-
Bakken Motorcars
8.81 miles
-
777
0.07 miles
-
7-Eleven
0.48 miles
-
Conoco
0.99 miles
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King Soopers Fuel Center
1.46 miles
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King Soopers Gas
1.72 miles
-
ChargePoint
2.41 miles
-
eVgo
2.81 miles
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Tesla Supercharger
3.29 miles
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Electrify America
3.32 miles
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SemaCharge
3.57 miles
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Fletcher Plaza
0.58 miles
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Police Academy
0.63 miles
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Private Parking
0.67 miles
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Guest/Visitor Parking
0.72 miles
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Faculty Parking
1.27 miles
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FBI Visitor Lot
1.96 miles
-
Sand Creek Trail
2.03 miles
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Central Park Station Park-n-Ride
2.08 miles
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La Rue Motel
0.01 miles
-
Biltmore Motel
0.05 miles
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Lazy C Motel
0.07 miles
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Motel 9
0.09 miles
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Branding Iron Motel
0.14 miles
-
Riviera Motel
0.18 miles
-
Ahwahnee Motel
0.20 miles
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Red Coach Motor Inn
0.24 miles
-
Sand & Sage Motel
0.24 miles
-
7 Star Motel
0.27 miles
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EZ Mart
0.29 miles
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India Bazaar Asian Grocery
0.49 miles
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Makola African Market
0.70 miles
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Walmart Neighborhood Market
0.94 miles
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Stanley Marketplace
0.99 miles
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Lowe's Mercado
1.19 miles
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King Soopers
1.43 miles
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Safeway
1.59 miles
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El Mercado de Colorado
1.66 miles
-
Produce Panaderia
1.67 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
