Vacant Denver hotel, for sale for $10, could soon provide housing to the unhoused
3 Articles
3 Articles
A 96-Room Motel in Denver Listed for Only Rs 875, But There's a Major Catch for the New Owner
A 96-room motel in Denver is listed for just Rs 875 ($10), but the buyer must commit to a major renovation and convert it into long-term housing for the homeless, making it a unique investment.
Vacant Denver hotel, for sale for $10, could soon provide housing to the unhoused
DENVER (KDVR) -- A vacant hotel that Denver bought 18 months ago to house the unhoused, could be sold this year for $10. The hotel was bought by the city 18 months ago for around $9 million. The city began looking for new ownership of the former Stay Inn off Peoria Street near Interstate 70 in fall 2024. A buyer would pay the low fee, but then be responsible for renovating the boarded-up building and converting it into supportive housing for peo…
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