Hotel-Motel
Quality Inn & Suburban Studios Canon City
3075 US-50, Cañon City, CO 81212
Listing Price: $6,250,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Quality Inn & Suburban Studios dual brand in Canon City; a two-story limited service hotel conveniently located off of U.S. Route 50 in Cañon City, Colorado. The hotel consists of 151 guest rooms (Quality Inn 101 / Suburban Studios 48 - All 48 Rooms with Kitchenettes) and offers amenities including a outdoor pool & spa, meeting space, and business center. The property is within close proximity to Royal Gorge Mountain Park.
The Quality Inn & Suburban Studios Dual Brand in Canon City represents the opportunity to acquire a franchised hotel in a desirable tourist destination. The property presents a strong opportunity to stabilize operations while capitalizing on historically strong topline revenue; along with continued modest growth supported by the increasing population and demand in the Southern Colorado region.
Investment Highlights
- Recently renovated in 2023 – $600k in capex
- Conveniently located off U.S. Highway 50 which takes you from Grand Junction, down to Montrose and over to Pueblo
- Operational upside in management
- 20 miles from the Royal Gorge Bridge and Park which attracts over 300,000 visitors a year
Broker of Record
Financing By
Listing Price: $6,250,000
Investment Highlights
- Recently renovated in 2023 – $600k in capex
- Conveniently located off U.S. Highway 50 which takes you from Grand Junction, down to Montrose and over to Pueblo
- Operational upside in management
- 20 miles from the Royal Gorge Bridge and Park which attracts over 300,000 visitors a year
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Quality Inn & Suburban Studios dual brand in Canon City; a two-story limited service hotel conveniently located off of U.S. Route 50 in Cañon City, Colorado. The hotel consists of 151 guest rooms (Quality Inn 101 / Suburban Studios 48 - All 48 Rooms with Kitchenettes) and offers amenities including a outdoor pool & spa, meeting space, and business center. The property is within close proximity to Royal Gorge Mountain Park. The Quality Inn & Suburban Studios Dual Brand in Canon City represents the opportunity to acquire a franchised hotel in a desirable tourist destination. The property presents a strong opportunity to stabilize operations while capitalizing on historically strong topline revenue; along with continued modest growth supported by the increasing population and demand in the Southern Colorado region.
Broker of Record
-
Adam Lewis
First Vice President/Regional Manager
Financing By
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