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
Financing By
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
Financing By

