Denver, CO
Colorado motel being sold for $10 — but buyer is required to renovate and convert building for the homeless
This is a suite deal for the right person.
An entire motel in Denver is being sold for much less than what an average traveler would pay to sleep in a room for just one night.
But there’s a catch.
KDVR
Colorado’s former Stay Inn is priced at just $10 but the buyer must agree to renovate the entire building and convert it into “supportive housing” for people experiencing homelessness, according to Fox 31 Denver.
The Mile High City bought the building for around $9 million in the summer of 2023 but hasn’t made any major renovations besides “minor repairs” to protect the property.
The new owner will have to accept some extra baggage before they check in to their new project because officials are selling the building as-is.
The fenced-off tan and grey structure has four levels with a total of 96 units.
It received upgraded kitchenettes and a new sprinkler system from the previous owner but “structural repairs” to walkways, railings and electrical systems need to be done, the Denver Post reports.
City officials hope to have a deal locked in with a buyer at the end of the year so the transformation can begin.
The number of people experiencing homelessness in the Denver metro area increased 10% from 2023 to 2024 with nearly 10,000 souls living without a permanent residence, according to a report by Metro Denver Homelessness Initiative.
Negotiations are reportedly underway for a potential development partner for the multi-level building but no firm has been selected just yet.
The Denver City Council must approve any contract before the project moves forward, according to comments made to local media outlets by Denver Department of Housing Stability spokesperson Derek Woodbury.
“We are hopeful that the procurement will result in a path forward for delivering supportive housing at the site,” Woodbury wrote in an email to Fox 31 Denver.
The deal isn’t going to be a temporary one.
The motivated person with the lucky $10 will have to agree to unique rules for a very extended stay.
According to the city’s request for proposals reviewed by Fox 31 Denver, the new owner is required to keep this property as an income-restricted housing facility for 99 years.
This means the owner must commit to using the land to help the needy until at least 2125.
“We are hopeful to bring such an agreement to Council later this year,” Woodbury added.
Even though the building is vacant, the property is currently being used to house homeless people in dozens of shed-like structures in the parking lot.
BOULDER COUNTY, Colo. — If you feel like we’ve had a lot of red flag days across Colorado since the start of the year, you’re right.
According to our Denver7 weather team, there have been 369 red flag warnings across the state since the start of 2026, marking the second-highest number recorded to date since 2005. In 2023, there were 408 red flag warnings from Jan. 1 through April 22 of that year, according to Denver7 meteorologist Danielle Grant
A red flag day happens when warm temperatures, low humidity and strong winds combine to create critical fire weather conditions.
▶️ WATCH: Denver7’s Claire Lavezzorio talked red flag fatigue with residents and officials
Colorado sees second-highest number of red flag days since 2005
In Boulder County, officials say the frequency of these warnings in their area is breaking records, too.
“We’ve had 21 thus far since the beginning of 2026, and that number is almost as many as we’ve had in the previous years combined, 2024 and 2025,” said Vinnie Montez, a spokesperson for the Boulder County Sheriff’s Office.
Today’s Forecast
Fierce winds, high fire danger Thursday across the Denver metro, plains
With the high volume of alerts, Montez worries the frequent warnings will become white noise.
Denver7 asked him if there is some red flag fatigue in the community.
“When you see the same commercial come up over and over again, you’re kind of like, flip the channel, right? I think that can happen in what we’re messaging,” Montez said.
At Chautauqua Park in Boulder, residents are taking note of how often these days are happening.
“It’s almost every day,” Mac Whittington said.
Local
‘We’ve never seen this’: Rare fire danger grips Colorado mountain towns
Levi Brown, a Boulder resident, pointed out that all the ingredients for high fire danger are present.
“You look around, there’s a lot of fuel in the ground, a lot of wind blowing right now, in fact,” Brown said.
For Brown, who has lived in the area for 26 years, every warning carries weight.
“It seems to be more prevalent now. And I don’t take it lightly,” Brown said.
For those who do not take the days seriously, Whittington offered a word of caution.
“Hopefully we don’t have to learn the lesson the hard way,” he said.
This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.
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DENVER (KDVR) — Denver police are investigating a hit-and-run crash involving a motorcycle on Tuesday evening.
The Denver Police Department reported that the crash also involved a motorist and happened at East 9th Avenue and Colorado Boulevard.
The motorcyclist was taken to the hospital with serious injuries.
Police did not release any description of the suspect vehicle.
Denver police said drivers should expect delays in the area.
This is developing news.
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For the latest news, weather, sports, and streaming video, head to FOX31 Denver.
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