Hotel-Motel
Quality Inn & Suites Craig
300 South Highway 13, Craig, CO 81625
Listing Price: $7,500,000
Investment Overview
- Priced under 3x Revenue, 11.6% in-place cap rate
- Room revenue has averaged $2.9m+ the last 4 years
- Craig is known as the “Elk Hunting Capital of the World”
- 25 mi from Yampa Valley Regional Airport (HDN) – Gateway to Steamboat Springs
- Nearby Destinations: Steamboat Springs Ski Resort, Dinosaur National Monument, Medicine Bow-Routt National Forests, Yampa River State Park
Investment Highlights
- Priced under 3x Revenue, 11.6% in-place cap rate
- Room revenue has averaged $2.9m+ the last 4 years
- Craig is known as the "Elk Hunting Capital of the World"
Broker of Record
Listing Price: $7,500,000
Investment Highlights
- Priced under 3x Revenue, 11.6% in-place cap rate
- Room revenue has averaged $2.9m+ the last 4 years
- Craig is known as the "Elk Hunting Capital of the World"
Investment Overview
- Priced under 3x Revenue, 11.6% in-place cap rate - Room revenue has averaged $2.9m+ the last 4 years - Craig is known as the “Elk Hunting Capital of the World” - 25 mi from Yampa Valley Regional Airport (HDN) – Gateway to Steamboat Springs - Nearby Destinations: Steamboat Springs Ski Resort, Dinosaur National Monument, Medicine Bow-Routt National Forests, Yampa River State Park
Broker of Record
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Adam Lewis
First Vice President/Regional Manager