3501 W Colorado Ave, Colorado Springs, CO listed at $749,000

Date: 6/3/23

***Capital Property Group is pleased to announce the sale of 3501 W Colorado Ave, Colorado Springs, CO listed at $749,000, represented by Zach Hansen and Chase Kobilca. ***

Colorado Springs, Colorado  — The Hansen Apartment Group is pleased to present the Ridgeview Motel development opportunity. Located at 3501 W Colorado Ave, Colorado Springs, CO, it presents an incredible development opportunity for the right investors.

Ridgeview Motel is located on the desirable west-side of Colorado Springs, near Manitou Springs and the Garden of The Gods. Investors will be able to determine the best use for the property, given their strategy.

The property is currently a vacant motel that consists of ten (10) units (nine hotel units and a single-family home). The property is zoned as C5, which allows an investor to either keep the current structures for remodel or demolish to suit their needs. The interiors of the property have been demoed with some plumbing already roughed into the units.

zach hansen

Multi-family Realtor

Zach Hansen, a multi-family specialist who focuses on the Colorado Springs market, came to Capital Property Group from Unique Properties. A seasoned broker, Mr. Hansen brings over 12 years of commercial sales and management experience to the table. He is committed to providing clients with superior consultative and transaction services, including formulating short and long-term business strategies, production and delivery of the most in-depth market research, and transaction execution through the most effective asset marketing strategies in the commercial real estate market.

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