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Days Inn Alamosa 223 Santa Fe Ave 32 Room Hotel Alamosa, CO 81101 $2,065,650 CAD ($64,552 CAD/Room) 9.59% Cap Rate
Investment Highlights
- Excellent location in Alamosa with highway exposure and high traffic counts
- Excellent opportunity for first time hospitality investor or owner user
- Popular Wyndham franchise affiliation
- Growing tourist market with close proxiity to Great Sand Dunes, La Veta Pass and Wolf Creek ski area
- Upside income potential from on site owner/operator vs. current absentee ownership
- Expansion potential from adjacent 0.83 acres for future hotel or apartment use. Potential to convert the hotel in to apartment use
Executive Summary
Opportunity for an owner operator or investor to own a budget friendly franchise hotel in a growing tourist market in southern Colorado. Close to recreational opportunities including the Great Sand Dunes National Park, La Veta Pass, and Wolf Creek ski area. Located on busy U.S. Highway 160, with good traffic counts. The price point is attractive for
an entry level operator. There is expansion potential, as there is more than three quarters of an acre of surplus land included in the price. Possible conversion to apartments if desired
an entry level operator. There is expansion potential, as there is more than three quarters of an acre of surplus land included in the price. Possible conversion to apartments if desired
Data Room Click Here to Access
- Offering Memorandum
- Market Information
- Operating and Financials
Property Facts
| Price | $2,065,650 CAD | Building Size | 13,416 SF |
| Price Per Room | $64,552 CAD | No. Rooms | 32 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 9.59% | Year Built | 1986 |
| Property Type | Hospitality | Parking Ratio | 2.46/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.19 AC | ||
| Zoning | Commercial-N/A - A full range of retail sales, commercial services, office, hotel, warehouse, manufacturing, multifamily by special use | ||
| Price | $2,065,650 CAD |
| Price Per Room | $64,552 CAD |
| Sale Type | Investment |
| Cap Rate | 9.59% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.19 AC |
| Building Size | 13,416 SF |
| No. Rooms | 32 |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.46/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | Commercial-N/A - A full range of retail sales, commercial services, office, hotel, warehouse, manufacturing, multifamily by special use |
Amenities
- Business Center
- Fitness Center
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 32 | $137.71 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 541302317024 | Improvements Assessment | $240,377 CAD |
| Land Assessment | $53,679 CAD | Total Assessment | $294,056 CAD |
Property Taxes
Parcel Number
541302317024
Land Assessment
$53,679 CAD
Improvements Assessment
$240,377 CAD
Total Assessment
$294,056 CAD
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Days Inn Alamosa | 223 Santa Fe Ave
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