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Hotel-Motel

Blue Door Inn

1220 Big Thompson Ave, Estes Park, CO 80517

Listing Price: $7,750,000

Cap Rate
12.50%
Number of Rooms
49
RevPAR
$90
Gross SF
17,218
Price/Room
$158,163
RRM
4.50
Price/Gross SF
$450.11
Year Built
1958

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Blue Door Inn, a two-story limited service hotel conveniently located off of U.S. Route 34 in Estes Park, Colorado. The hotel consists of 49 guest rooms and offers amenities including a heated outdoor pool, barbecue area, shuffleboard court, basketball hoop and horseshoe pit. The property is within close proximity to the Rocky Mountain National Park - Beaver Meadows entrance. The Blue Door Inn represents the opportunity to acquire an independent hotel in a desirable tourist destination. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Estes Park/Rocky Mountain region.

Investment Highlights

  • 12.5% Cap Rate on Current T12
  • 2021 Travelers' Choice Award Recipient by TripAdvisor
  • Short Drive to Rocky Mountain National Park | ~3.3 Million Visitors in 2020
  • Conveniently Located Off of U.S. Route 34
  • Notable Attractions Include: Riverwalk in Downtown Estes Park, Estes Park Aerial Tramway, Lake Estes and Rocky Mountain National Park

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Listing Price: $7,750,000

Cap Rate
12.50%
Number of Rooms
49
RevPAR
$90
Gross SF
17,218
Price/Room
$158,163
RRM
4.50
Price/Gross SF
$450.11
Year Built
1958

Investment Highlights

  • 12.5% Cap Rate on Current T12
  • 2021 Travelers' Choice Award Recipient by TripAdvisor
  • Short Drive to Rocky Mountain National Park | ~3.3 Million Visitors in 2020
  • Conveniently Located Off of U.S. Route 34
  • Notable Attractions Include: Riverwalk in Downtown Estes Park, Estes Park Aerial Tramway, Lake Estes and Rocky Mountain National Park

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Blue Door Inn, a two-story limited service hotel conveniently located off of U.S. Route 34 in Estes Park, Colorado. The hotel consists of 49 guest rooms and offers amenities including a heated outdoor pool, barbecue area, shuffleboard court, basketball hoop and horseshoe pit. The property is within close proximity to the Rocky Mountain National Park - Beaver Meadows entrance. The Blue Door Inn represents the opportunity to acquire an independent hotel in a desirable tourist destination. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Estes Park/Rocky Mountain region.

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

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