105 8th Ave

Price reduced.

Independent Boutique motel renovated and positioned to capture business entering Greeley from the North and 8^th Ave.

+ 16 Guest rooms
+ Manager Residence on-site
+ Seller will carry financing to qualified buyer. OWC

A perfect fit for Boomers who are retired, but not content to sit on the sofa.

The great majority of retirees—60%—are looking for something to do, according to Forbes.com. They miss the interaction with co-workers. They want to connect with people, particularly after the isolation of the pandemic.

Downsizing to 16 bedrooms at age 65+ seems, well, absurd. Until you figure in that the 16 rooms is a boutique motel with a sincerely awesome personal residence behind the lobby doors. When their grown kids visit, these Boomers can block out a couple of guest rooms for as long as the kids can stay. Build a little family business that just maybe will be of interest in perpetuity for one of their kids.

And about those kids—Millennials maybe (born between 1980 and 1994), or Gen X (born between 1964 – 1980) and Gen Z (born between 1995 – 2012)—are looking for careers, a livelihood that gives them autonomy, freedom and the opportunity to achieve property ownership that makes money. Tune into Hulu or Netflix and choose from dozens of shows featuring young people tackling property renovations. Some have found their way to stardom revitalizing motels across America.

They’ve figured out how to work jobs remotely AND add an additional $15k to their income by living in and operating a motel.

This would be the place.

Experiential travel is the soul of a boutique motel.Micro boutique properties are the travel preference of today. The updates and improvements to the Rainbow have contributed to the property’s good condition and appeal to travelers.

Look for the rainbow colored neon sign on 8^th Avenue in Greeley. It could signal you’ve found your future.

Broker owned.