4001 Elizabeth St, Pueblo, CO 81008
115 Room Hotel | Pueblo, CO 81008 | $5,900,000 ($51,304/Room) | 9.43% Cap Rate
For Sale
Active
Asking Price $5,900,000
- Property Type
-
Hospitality
- Square Feet
- 50,000 SF
Listing Contacts
Andrus Yoon
Property Overview
The Choice Hotels-Branded Hotel Clarion Inn is a 115 Room Hotel located at 4001 N Elizabeth St, Pueblo, CO 81008. The Property is offered at $5,900,000 or Priced below Replacement Cost at $51,304 Per Key. The property is situated near the the intersection of I25 & U.S. Highway 50. Common Area Amenities at the property include an Indoor Pool with a Hot Tub, Fitness Center, Kitchen, Meeting Space, Breakfast Area, and a Lounge Area with a Bar.
A Prospective Buyer should be able to capitalize on the anticipated increase in RevPAR through better revenue management with minimal Change of Ownership PIP.
A Prospective Buyer should be able to capitalize on the anticipated increase in RevPAR through better revenue management with minimal Change of Ownership PIP.
Property Details
- Class
- C
- Year Built/Renovated
- 1973/2023
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 234,788 SF
- Units
- 115
Highlights
- Potential Revenue Growth Opportunity due to the Number of Available Rooms (115 Rooms)
- Recent Capital Expenditures Spent over Two Million Dollars to Improve the Property
- Highly Visible and Easily Accessible from Interstate 25 and U.S. Highway 50
- Excellent Location featuring Restaurants, Shops, and Entertainment Options nearby
- Situated Less than 5 Miles North from Downtown Pueblo, Riverwalk, and Colorado State Fairgrounds
- Located 40 Miles South of Colorado Springs and Colorado Springs Airport
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