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Hotel-Motel

Best Western Sundowner

125 Overland Trail, Sterling, CO 80751

Listing Price: $6,000,000

Cap Rate
8.40%
Number of Rooms
58
RevPAR
$79
Gross SF
29,767
Price/Room
$103,448
RRM
3.60
Price/Gross SF
$201.57
Year Built
1977

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Best Western Sundowner, a two-story limited service hotel conveniently located off of U.S. Route 6 in Sterling, Colorado. The hotel consists of 58 guest rooms and offers amenities including a heated indoor and outdoor pool & spa, fitness center, business center, complimentary breakfast and complimentary coffee in lobby. The property consistently receives excellent guest reviews and was recently renovated in 2019. The Best Western Sundowner represents the opportunity to acquire a recently renovated Best Western hotel. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by increasing demand growth in the northeastern Colorado region.

Investment Highlights

  • Renovated in 2019
  • Property Consistently Receives Excellent Guest Reviews
  • Conveniently Located Off of U.S. Route 6, Near Interstate 76
  • 5 Miles to Banner Health Center & Sterling Regional Medical Center
  • Nearby Attractions Include Overland Trail Museum, Logan County Fairgrounds and North Sterling State Park

Exclusively Listed By

Broker of Record

  • Adam A. Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Listing Price: $6,000,000

Cap Rate
8.40%
Number of Rooms
58
RevPAR
$79
Gross SF
29,767
Price/Room
$103,448
RRM
3.60
Price/Gross SF
$201.57
Year Built
1977

Investment Highlights

  • Renovated in 2019
  • Property Consistently Receives Excellent Guest Reviews
  • Conveniently Located Off of U.S. Route 6, Near Interstate 76
  • 5 Miles to Banner Health Center & Sterling Regional Medical Center
  • Nearby Attractions Include Overland Trail Museum, Logan County Fairgrounds and North Sterling State Park

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Best Western Sundowner, a two-story limited service hotel conveniently located off of U.S. Route 6 in Sterling, Colorado. The hotel consists of 58 guest rooms and offers amenities including a heated indoor and outdoor pool & spa, fitness center, business center, complimentary breakfast and complimentary coffee in lobby. The property consistently receives excellent guest reviews and was recently renovated in 2019. The Best Western Sundowner represents the opportunity to acquire a recently renovated Best Western hotel. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by increasing demand growth in the northeastern Colorado region.

Exclusively Listed By

Broker of Record

  • Adam A. Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

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