Hotel-Motel
Discovery Lodge
800 Big Thompson Ave, Estes Park, CO 80517
Listing Price: $6,900,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Discovery Lodge in Estes Park, Colorado. The property consists of 57 individual rooms, plus an on site income producing manager’s unit.
Discovery Lodge is located less than mile from Lake Estes and 6 miles from Rocky Mountain National Park, which sees 4.5M visitors per year.
This recently renovated boutique hotel has undergone $1.7M in Capex, offers significant investment potential. The property has shown impressive performance, with 2024 RevPAR surpassing the figures from 2021 and 2022. Extensive mechanical and electrical updates have been completed between 2020 and 2024. The town of Estes Park has recently invested over $42M in infrastructure to support growing tourism, further enhancing the hotel’s appeal. Additionally, Estes Park is conveniently located within
1.5 hours of Denver International Airport, making it easily accessible for visitors.
Discovery Lodge
Investment Highlights
- Recently Renovated Boutique Hotel - $1.7M in Capex
- 2024 RevPAR outperformed 2021 & 2022
- Mechanical & Electrical updates/improvements completed 2020-2024
- Located along Big Thompson Ave - Within walking distance to many major attractions
- Within five miles of Rocky Mountain National Park - $4.5M Visitors Annually. Total economic impact of $464M
- Discovery Lodge has over 4 acres allowing a new owner to expand on the exterior common areas
- The town of Estes Park recently invested over $42M in infrastructure to support the increase in tourism demand
- Estes Park is located within 1.5 hours of Denver International Airport
Broker of Record
Financing By
Listing Price: $6,900,000
Investment Highlights
- Recently Renovated Boutique Hotel - $1.7M in Capex
- 2024 RevPAR outperformed 2021 & 2022
- Mechanical & Electrical updates/improvements completed 2020-2024
- Located along Big Thompson Ave - Within walking distance to many major attractions
- Within five miles of Rocky Mountain National Park - $4.5M Visitors Annually. Total economic impact of $464M
- Discovery Lodge has over 4 acres allowing a new owner to expand on the exterior common areas
- The town of Estes Park recently invested over $42M in infrastructure to support the increase in tourism demand
- Estes Park is located within 1.5 hours of Denver International Airport
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Discovery Lodge in Estes Park, Colorado. The property consists of 57 individual rooms, plus an on site income producing manager’s unit. Discovery Lodge is located less than mile from Lake Estes and 6 miles from Rocky Mountain National Park, which sees 4.5M visitors per year. This recently renovated boutique hotel has undergone $1.7M in Capex, offers significant investment potential. The property has shown impressive performance, with 2024 RevPAR surpassing the figures from 2021 and 2022. Extensive mechanical and electrical updates have been completed between 2020 and 2024. The town of Estes Park has recently invested over $42M in infrastructure to support growing tourism, further enhancing the hotel’s appeal. Additionally, Estes Park is conveniently located within 1.5 hours of Denver International Airport, making it easily accessible for visitors.
Broker of Record
-
Adam Lewis
First Vice President/Regional Manager
Financing By
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