Baymont Inn & Suites Fort Collins
62 Room Hotel | Fort Collins, CO 80524 | $4,500,000 ($72,581/Room)
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,500,000
- Sale Condition
- Building in Shell Condition
- Property Type
-
Hospitality
- Square Feet
- 22,210 SF
Listing Contacts
Jim Nelms
Verified Profile
- Property Info
Property Overview
See Broker For Value Guidelines
Property Details
- Class
- B
- Year Built/Renovated
- 1995/2018
- Stories
- 3
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 38,768 SF
- Units
- 62
Highlights
- Strategically located along Interstate 25’s north corridor in Ft. Collins, providing easy accessibility to Downtown Denver, Estes Park, Boulder, & DIA
- This is an upside opportunity for limited service, starter hotel Investors. Especially suitable for newer energetic owner/operators.
- The hotel opened and operated as a Gen 3 Sleep Inn (2000) with favorable market share history prior to loss of brand and lender foreclosure in 2009.
- It was rebranded under new ownership. Pre-pandemic operations were at mid- 80% of comp market share.
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