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Hotel-Motel

Quality Inn & Suites Limon

925 T Ave, Limon, CO 80828

Listing Price: $2,500,000

Cap Rate
6.50%
Number of Rooms
48
RevPAR
$46
Gross SF
24,289
Price/Room
$52,083
RRM
3.30
Price/Gross SF
$102.93
Year Built
1995

Investment Overview

Marcus & Millichap has been chosen to exclusively market the Quality Inn & Suites in a portfolio with the Comfort Inn Limon, a two-story interior corridor property conveniently located off Interstate-70 an hour drive from Denver and Colorado Springs. This property contains 48 rooms with a work desk, flat screen TV, coffee maker, refrigerator, microwave and pet-friendly rooms available. Hotel amenities include free hot breakfast, Wi-Fi, indoor heated pool, and truck parking.

Quality Inn & Suites Limon benefits from the demand on Interstate-70, which is an East-West transcontinental freeway that runs from Utah to Maryland averaging 190,000 vehicles a day. The property also benefits from other local attractions; Out of the Blue Skydiving, Lincoln Heritage Museum & Railroad Park, Lincoln Theatre, and the Limon Wetlands.

Investment Highlights

  • The Quality Inn & Suites Limon is offered for sale in a portfolio with the Comfort Inn Limon
  • Conveniently located off Interstate 70; 1 hour drive from Denver and Colorado Springs
  • Average daily traffic exceeds 190,000 vehicles per day; 28% of which are trucks
  • Offers amenities including a heated indoor pool & spa and business center
  • 10.6% RevPAR growth in the last 12 months

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Financing By

Hotel-Motel

Quality Inn & Suites Limon

Listing Price: $2,500,000

Cap Rate
6.50%
Number of Rooms
48
RevPAR
$46
Gross SF
24,289
Price/Room
$52,083
RRM
3.30
Price/Gross SF
$102.93
Year Built
1995

Investment Highlights

  • The Quality Inn & Suites Limon is offered for sale in a portfolio with the Comfort Inn Limon
  • Conveniently located off Interstate 70; 1 hour drive from Denver and Colorado Springs
  • Average daily traffic exceeds 190,000 vehicles per day; 28% of which are trucks
  • Offers amenities including a heated indoor pool & spa and business center
  • 10.6% RevPAR growth in the last 12 months

Investment Overview

Marcus & Millichap has been chosen to exclusively market the Quality Inn & Suites in a portfolio with the Comfort Inn Limon, a two-story interior corridor property conveniently located off Interstate-70 an hour drive from Denver and Colorado Springs. This property contains 48 rooms with a work desk, flat screen TV, coffee maker, refrigerator, microwave and pet-friendly rooms available. Hotel amenities include free hot breakfast, Wi-Fi, indoor heated pool, and truck parking. Quality Inn & Suites Limon benefits from the demand on Interstate-70, which is an East-West transcontinental freeway that runs from Utah to Maryland averaging 190,000 vehicles a day. The property also benefits from other local attractions; Out of the Blue Skydiving, Lincoln Heritage Museum & Railroad Park, Lincoln Theatre, and the Limon Wetlands.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

Financing By

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