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Baymont Inn & Suites Fort Collins 3808 E Mulberry St

62 Room Hotel Fort Collins, CO 80524 £3,521,025 (£56,791/Room)

Investment Highlights

  • Strategically located along Interstate 25’s north corridor in Ft. Collins, providing easy accessibility to Downtown Denver, Estes Park, Boulder, & DIA
  • The hotel opened and operated as a Gen 3 Sleep Inn (2000) with favorable market share history prior to loss of brand and lender foreclosure in 2009.
  • This is an upside opportunity for limited service, starter hotel Investors. Especially suitable for newer energetic owner/operators.
  • It was rebranded under new ownership. Pre-pandemic operations were at mid- 80% of comp market share.

Executive Summary

See Broker For Value Guidelines

Property Facts

Price £3,521,025
Price Per Room £56,791
Sale Type Investment
Sale Conditions
Sale & Leaseback
  • Shell & Core
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.89 AC
Building Size 22,210 SF
No. Rooms 62
Number of Floors 3
Year Built/Renovated 1995/2018
Tenancy Single
Parking Ratio 2.34/1,000 SF
Corridor Interior
Opportunity Zone Yes

Amenities

  • Business Centre
  • High Speed Internet Access
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 62 £61.03 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
87094-00-019
Land Assessment
£42,220
Improvements Assessment
£558,115
Total Assessment
£600,335

zoning

Zoning Code C (CC commercial uses....hotel...rehab center.See Larimer County Zoning & Uses Code)
C (CC commercial uses....hotel...rehab center.See Larimer County Zoning & Uses Code)
  • Listing ID: 27590508

  • Date on Market: 25/01/2023

  • Last Updated:

  • Address: 3808 E Mulberry St, Fort Collins, CO 80524

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