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Hotel-Motel

Quality Inn & Suburban Studios

1120 E Main St, Cortez, CO 81321

Listing Price: $3,800,000

Cap Rate
6.90%
Number of Rooms
60
RevPAR
$47
Gross SF
19,693
Price/Room
$63,333
RRM
3.90
Price/Gross SF
$192.96
Year Built
1967

Investment Overview

Marcus & Millichap is please to present for sale, the Quality Inn & Suburban Studios near Mesa Verde. This dual-branded property is a single-story, 60 key property near the Four Corners Monument, Mesa Verde National Park, and

Investment Highlights

  • Over $1.2M+ in Recent Renovations Completed in 2023
  • 17 Rooms with Full Kitchenettes, Including One 2-BR (3 Bed) Suite
  • Dual Branded Hotel - Ability to Capture Both Nightly and Extended Stay Guests
  • Two Bedroom Manager Apartment - Choice Approved
  • Tour/Private Coach Bus and Semi-Truck Parking Available On-Site
  • Nearby Leisure Destinations - Mesa Verde National Park, Four Corners Monument, and Monument Valley, Durango and Telluride Ski Mountains, attract tourists year round

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Financing By

Hotel-Motel

Quality Inn & Suburban Studios

Listing Price: $3,800,000

Cap Rate
6.90%
Number of Rooms
60
RevPAR
$47
Gross SF
19,693
Price/Room
$63,333
RRM
3.90
Price/Gross SF
$192.96
Year Built
1967

Investment Highlights

  • Over $1.2M+ in Recent Renovations Completed in 2023
  • 17 Rooms with Full Kitchenettes, Including One 2-BR (3 Bed) Suite
  • Dual Branded Hotel - Ability to Capture Both Nightly and Extended Stay Guests
  • Two Bedroom Manager Apartment - Choice Approved
  • Tour/Private Coach Bus and Semi-Truck Parking Available On-Site
  • Nearby Leisure Destinations - Mesa Verde National Park, Four Corners Monument, and Monument Valley, Durango and Telluride Ski Mountains, attract tourists year round

Investment Overview

Marcus & Millichap is please to present for sale, the Quality Inn & Suburban Studios near Mesa Verde. This dual-branded property is a single-story, 60 key property near the Four Corners Monument, Mesa Verde National Park, and

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

Financing By

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