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Travelodge by Wyndham Pueblo | I-25 Frontage 4703 N Freeway Rd 111 Hotel Rooms Online Auction Sale Pueblo, CO 81008
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Investment Highlights
- Institutional-quality hotel, two-story, 111-Room, Wyndham-branded hotel with substantial property improvements recently completed in 2018.
- Investment opportunity with minimal PIP expected, easing the transition for new owners, and an attractive revenue multiple with upside in revenue mana
- Opportunity to re-flag to a higher brand and increase ADR in a business-friendly market with $1.9B+ consumer spending and strong economic incentives.
- Located in Downtown Pueblo, a growing, vibrant area featuring restaurants, bars, cultural attractions, and numerous golf courses.
- Easily accessible location with seamless access to Interstate 25 and freeway frontage exposed to over 44,000 vehicles for increased visibility.
- Located near CSU Pueblo, Riverwalk, Pueblo Mall, El Pueblo History Museum, and major demand drivers supporting year-round occupancy.
Executive Summary
Discover the Travelodge by Wyndham Pueblo at 4703 North Freeway Road. This two-story, 111-room hotel spans 40,100 square feet on 3.08 acres, positioned along Interstate 25 in Pueblo, Colorado, with direct exposure to over 44,000 vehicles per day. With recent renovations completed in 2018, with roofs inspected earlier this year, contributing to minimal anticipated Property Improvement Plan (PIP) requirements and a seamless transition for new ownership. The asset is offered at an attractive revenue multiple, with clear upside through revenue management strategies, market repositioning, and potential re-flagging to a higher-tier brand to drive increased ADR and occupancy.
Travelodge by Wyndham Pueblo offers 111 spacious guest rooms with high-speed internet access and patios, complemented by a full suite of on-site amenities, including a fitness center, pool, business center, public-access Wi-Fi, laundry center, and an on-site store. Guests are welcomed by an open-seating area with a continental breakfast bar, enhancing the overall guest experience. The property also includes 116 parking spaces, supporting operational efficiency and guest convenience.
Pueblo, Colorado, is nationally recognized for its low cost of doing business, favorable tax environment, and unique cash incentives available to companies expanding or relocating, further strengthening long-term investment appeal. Located just nine miles from Pueblo Memorial Airport (PUB) and 39 miles from Colorado Springs Airport (COS), Travelodge by Wyndham Pueblo benefits from strong regional connectivity. Placement key demand drivers, including Colorado State University Pueblo, 3 miles away; the Historic Arkansas Riverwalk, within 4.5 miles; and Elmwood Golf Course, just 7 miles from the site, further expand the customer base. Situated in a growing, blue-collar market with over $1.9 billion in annual consumer spending, the location supports consistent lodging demand from business, leisure, and transient travelers.
With its strong freeway frontage, established brand affiliation, recent upgrades, and significant upside potential, Travelodge by Wyndham Pueblo represents a compelling investment opportunity for institutional investors seeking a value-add hospitality asset in a high-growth regional market.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Travelodge by Wyndham Pueblo offers 111 spacious guest rooms with high-speed internet access and patios, complemented by a full suite of on-site amenities, including a fitness center, pool, business center, public-access Wi-Fi, laundry center, and an on-site store. Guests are welcomed by an open-seating area with a continental breakfast bar, enhancing the overall guest experience. The property also includes 116 parking spaces, supporting operational efficiency and guest convenience.
Pueblo, Colorado, is nationally recognized for its low cost of doing business, favorable tax environment, and unique cash incentives available to companies expanding or relocating, further strengthening long-term investment appeal. Located just nine miles from Pueblo Memorial Airport (PUB) and 39 miles from Colorado Springs Airport (COS), Travelodge by Wyndham Pueblo benefits from strong regional connectivity. Placement key demand drivers, including Colorado State University Pueblo, 3 miles away; the Historic Arkansas Riverwalk, within 4.5 miles; and Elmwood Golf Course, just 7 miles from the site, further expand the customer base. Situated in a growing, blue-collar market with over $1.9 billion in annual consumer spending, the location supports consistent lodging demand from business, leisure, and transient travelers.
With its strong freeway frontage, established brand affiliation, recent upgrades, and significant upside potential, Travelodge by Wyndham Pueblo represents a compelling investment opportunity for institutional investors seeking a value-add hospitality asset in a high-growth regional market.
Property tours are available by appointment only. Please contact the listing broker to schedule.
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Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Property Information
- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Register to Bid Instructions
Property Facts
| Sale Type | Investment | Building Size | 40,100 SF |
| Sale Condition | Auction Sale | No. Rooms | 111 |
| Type of Ownership | Fee Simple | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1986/2018 |
| Property Subtype | Hotel | Parking Ratio | 2.89/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 3.08 AC | Parcel Number | 0-5-12-3-17-001 |
| Zoning | B3: COMM/H& | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.08 AC |
| Building Size | 40,100 SF |
| No. Rooms | 111 |
| No. Stories | 2 |
| Year Built/Renovated | 1986/2018 |
| Parking Ratio | 2.89/1,000 SF |
| Corridor | Exterior |
| Zoning | B3: COMM/H& |
| Parcel Number | 0-5-12-3-17-001 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 111 | $105.13 CAD | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
About Colorado East Area
The vast area of Eastern Colorado is considered rural, prairie land but has popular city centers including Greeley to the north and Pueblo to the south.
Greeley is known as an agricultural city, and it also is home to North Colorado Medical Center, the primary medical facility in the northeastern part of the state; University of Northern Colorado, which has an enrollment of over 10,700 students; and several museums, breweries, shops, and dining options. It also hosts annual events such as AgriCULTURE Fest and Feast and the Greeley Stampede, a large event with rodeos and concerts.
Pueblo, also known as “Steel City,” is one of the largest steel-producing cities in the United States and is also one of the more populous cities in the state. The largest employer in the area is call center branch of Concentrix. The city hosts Colorado’s largest single event, the Colorado State Fair, every summer.
Visitors arrive from all over as the destination borders five different states, Wyoming, Nebraska, Kansas, Oklahoma, and New Mexico. The prominent throughways include interstates 70 and 76 from east to west and Interstate 25 from north to south.
Sale Advisors
Sale Advisors
Dinesh Dan Rama, Co-Founder
Dinesh (Dan) Rama
Co-founder, Principal and Managing Director, NewGen Advisory
Designated Broker, State of Arizona, State of New Mexico, and State of Colorado..
Dinesh Rama is a seasoned hospitality professional who began his career as a hotel owner/operator in 1994 after earning dual Bachelor’s Degrees in History and Mathematics from Arizona State University. Dan went on to grow his portfolio as a franchisee of Red Brick Pizza, InterContinental Hotels, Marriott, G6 Hospitality, Wyndam Hotels and Choice International. He maintains General Manager Certifications from Holiday Inn, Motel 6 and Days Inn.
Over the course of his 26-year hospitality career, Dinesh was integral in the disposition of over one billion of hospitality assets; brokering and advising clients on acquiring, merging, and divesting of hospitality assets throughout the United States.
Dinesh earned his Certification for Hotel Industry Analytics (CHIA) - the only hotel-related certification that recognizes advanced skill and knowledge in the industry. This globally-recognized professional credential validates Dinesh’s advanced knowledge in hotel industry analytics including foundational metrics, definitions, formulas and methodologies. Dinesh also holds a Certified Hotel Owners (CHO) Certificate from the Asian American Hotel Owners Association (AAHOA).
In addition to his company responsibilities at NewGen, Dinesh is an active member of the community: engaged in various local and national industry organizations. He served as the Southwest Regional Director for AAHOA - the largest hospitality owners association in the United States - and now serves as Ambassador. He also serves on the Board of Directors for the Arizona Lodging and Tourism Association’s (AZLTA).
Dinesh lives in Gilbert, AZ with his wife Chetna, their son Suraj, and their daughter Sonya. When he’s not hard at work advising his clients, you’ll find Dineshenjoying a round of golf or cheering on his beloved Denver Broncos.
Co-founder, Principal and Managing Director, NewGen Advisory
Designated Broker, State of Arizona, State of New Mexico, and State of Colorado..
Dinesh Rama is a seasoned hospitality professional who began his career as a hotel owner/operator in 1994 after earning dual Bachelor’s Degrees in History and Mathematics from Arizona State University. Dan went on to grow his portfolio as a franchisee of Red Brick Pizza, InterContinental Hotels, Marriott, G6 Hospitality, Wyndam Hotels and Choice International. He maintains General Manager Certifications from Holiday Inn, Motel 6 and Days Inn.
Over the course of his 26-year hospitality career, Dinesh was integral in the disposition of over one billion of hospitality assets; brokering and advising clients on acquiring, merging, and divesting of hospitality assets throughout the United States.
Dinesh earned his Certification for Hotel Industry Analytics (CHIA) - the only hotel-related certification that recognizes advanced skill and knowledge in the industry. This globally-recognized professional credential validates Dinesh’s advanced knowledge in hotel industry analytics including foundational metrics, definitions, formulas and methodologies. Dinesh also holds a Certified Hotel Owners (CHO) Certificate from the Asian American Hotel Owners Association (AAHOA).
In addition to his company responsibilities at NewGen, Dinesh is an active member of the community: engaged in various local and national industry organizations. He served as the Southwest Regional Director for AAHOA - the largest hospitality owners association in the United States - and now serves as Ambassador. He also serves on the Board of Directors for the Arizona Lodging and Tourism Association’s (AZLTA).
Dinesh lives in Gilbert, AZ with his wife Chetna, their son Suraj, and their daughter Sonya. When he’s not hard at work advising his clients, you’ll find Dineshenjoying a round of golf or cheering on his beloved Denver Broncos.
Ryan Bodine, Senior Vice President
Ryan Bodine is a Senior Vice President for NewGen Advisory, a hospitality brokerage firm. Ryan's primary focus is on representing and identifying hospitality investment opportunities from around the country for his domestic and international partners.
Ryan has extensive experience in owning his own company and raising foreign direct investment. This unique hybrid has allowed him to approach each deal with an ownership mentality while leveraging his extensive network of high net worth investors to realize profitable returns for his clients.
Prior to NewGen, Ryan sourced foreign direct investment for Green Card Fund, an EB-5 Invest to Immigrate Regional Center, worked as an Executive Consultant for an education reform organization, and owned an international promotional product company.
Ryan attended college at the University of Hawaii at Manoa, Roehampton University in London, and finished his degree in International Business from Arizona State University, graduating Summa Cum Laude.
He is a member of the Asian American Hotel Owners Association, Arizona Lodging Tourism Association, Urban Land Institute, Arizona Association of Economic Development, the Greater Phoenix Economic Council, the Phoenix Committee on Foreign Relations, and the Global Shapers Phoenix HUB Community.
Ryan has extensive experience in owning his own company and raising foreign direct investment. This unique hybrid has allowed him to approach each deal with an ownership mentality while leveraging his extensive network of high net worth investors to realize profitable returns for his clients.
Prior to NewGen, Ryan sourced foreign direct investment for Green Card Fund, an EB-5 Invest to Immigrate Regional Center, worked as an Executive Consultant for an education reform organization, and owned an international promotional product company.
Ryan attended college at the University of Hawaii at Manoa, Roehampton University in London, and finished his degree in International Business from Arizona State University, graduating Summa Cum Laude.
He is a member of the Asian American Hotel Owners Association, Arizona Lodging Tourism Association, Urban Land Institute, Arizona Association of Economic Development, the Greater Phoenix Economic Council, the Phoenix Committee on Foreign Relations, and the Global Shapers Phoenix HUB Community.
Jigar Desai, Senior Vice President
Jigar “Jay” Desai joined the NewGen Advisory team of Arizona in 2017. He is focused throughout the Southwestern regions of Texas to California assisting our clients with all their hotel and lodging transactional needs. Jay has a unique ability to connect prospective buyers with sellers while focusing on and balancing the critical financial needs of both making him a true asset to any team and every client.
Jay’s extensive background in the hotel industry has given him the insight to better understand the critical needs of his clients. Having grown up in the hotel industry, Jay’s ability to relate and understand the rigorous demands of hotel operations has provided the insight which has led to facilitate successful transactions. Furthermore, prior to joining the NewGen team, Jay was immersed into the financing and lending world with a large national bank which gave him the unique view into the lending world and provided the connections which allow his clients to seek out financing for even the most challenging assets.
Jigar graduated from the University of Arizona in 2011 attaining a dual degree from Eller College of Management in Finance and Real Estate. Jigar is a member and ambassador for the Asian American Hotel Owners Association (AAHOA) and holds certifications for Choice Hotels and Best Western.
Jay’s extensive background in the hotel industry has given him the insight to better understand the critical needs of his clients. Having grown up in the hotel industry, Jay’s ability to relate and understand the rigorous demands of hotel operations has provided the insight which has led to facilitate successful transactions. Furthermore, prior to joining the NewGen team, Jay was immersed into the financing and lending world with a large national bank which gave him the unique view into the lending world and provided the connections which allow his clients to seek out financing for even the most challenging assets.
Jigar graduated from the University of Arizona in 2011 attaining a dual degree from Eller College of Management in Finance and Real Estate. Jigar is a member and ambassador for the Asian American Hotel Owners Association (AAHOA) and holds certifications for Choice Hotels and Best Western.
Kishan Gohel, Senior Vice President
Kishan is a Senior Vice President at NewGen Advisory, renowned for his visionary leadership and specialization in complex commercial real estate transactions, particularly hotel-to-alternative-use conversions. This expertise became critical during the 2020 economic shift, where he successfully guided clients—including non-profit organizations and investors—in converting hotel assets into market-rate apartments, affordable/transitional housing and behavioral health facilities. Hoteliers and investors deeply appreciate Kishan’s innovative approach and comprehensive ability to manage a transaction from beginning to end, ensuring a seamless closing that drives both client and firm success.
Prior to joining NewGen Advisory in mid-2019, Kishan built a strong foundation in business management and client relations through founding and managing his corporate DJ business. He leverages this entrepreneurial background and his extensive market research capabilities to establish and cultivate strong client relationships, enabling him to identify and secure the highest-value opportunities. In his spare time, Kishan enjoys spending time with his family, attending car shows and taking advantage of Arizona’s abundant outdoor sunshine.
Prior to joining NewGen Advisory in mid-2019, Kishan built a strong foundation in business management and client relations through founding and managing his corporate DJ business. He leverages this entrepreneurial background and his extensive market research capabilities to establish and cultivate strong client relationships, enabling him to identify and secure the highest-value opportunities. In his spare time, Kishan enjoys spending time with his family, attending car shows and taking advantage of Arizona’s abundant outdoor sunshine.
About the Auction Technology
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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