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Comfort Inn Conversion to Sleep Inn 195 S Colorado Ave 56 Room Hotel Idaho Falls, ID 83402 $5,470,520 CAD ($97,688 CAD/Room) 8.84% Cap Rate

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Investment Highlights

  • 56-room Sleep Inn conversion opportunity in Idaho Falls, Idaho.

Executive Summary

KW Commercial Boise is pleased to present the 56-room Sleep Inn conversion opportunity in Idaho Falls, Idaho—the nation’s #2 Best-Performing Small City. This interior-corridor property, currently operating as a Comfort Inn, is strategically positioned for a brand transition to Sleep Inn, allowing a new owner to capitalize on Choice Hotels’ "Scenic Dreams" refresh to elevate the guest experience while achieving superior operating margins. Ideally situated at the prominent I-15 and US-20 interchange, the hotel serves as a primary gateway to the region, capturing a diverse and recession-resilient demand mix that includes consistent year-round corporate travelers from the Idaho National Laboratory, surging volume from the nearby Idaho Falls Regional Airport, and massive seasonal tourism overflow from Yellowstone National Park. Supported by a powerful global reservation system, this conversion represents a prime opportunity to reposition a stabilized asset in one of the Pacific Northwest’s most dynamic and high-growth markets.

Attachments

Brochure

Property Facts

Price $5,470,520 CAD
Price Per Room $97,688 CAD
Sale Type Investment
Cap Rate 8.84%
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.30 AC
Building Size 25,308 SF
No. Rooms 56
No. Stories 2
Year Built/Renovated 1993/2004
Tenancy Single
Parking Ratio 3.95/1,000 SF
Corridor Interior
Zoning R-2 - R-2 Zoning

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 15 $205.14 CAD -
Guest Room 41 $184.63 CAD -

Property Taxes

Property Taxes

Parcel Number
RPA2360001001A
Land Assessment
$271,546 CAD
Improvements Assessment
$2,637,268 CAD
Total Assessment
$2,908,814 CAD
  • Listing ID: 39592977

  • Date on Market: 2026-02-26

  • Last Updated:

  • Address: 195 S Colorado Ave, Idaho Falls, ID 83402

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