Candlewood Suites Craig-Northwest 92 Commerce St 76 Room Hotel Craig, CO 81625 $9,618,106 CAD ($126,554 CAD/Room) 10% Cap Rate

Candlewood Suites Craig-Northwest presents the opportunity to acquire a 76-key, IHG- branded extended-stay hotel strategically located at 92 Commerce Street in Craig, Colorado. Situated just off the US Highway 40 corridor, the property serves a diversified mix of extended-stay, corporate, workforce, recreational and transient demand across Northwest Colorado. IHG specifically positions the hotel for both extended-stay business travelers and visitors drawn to the region’s outdoor recreation and hunting opportunities.
The hotel was built in 2008 on approximately 4.06 acres and offers a diversified room mix of 56 Single Queen rooms, six Double Queen rooms and 14 One-Bedroom Suites with pull-out couches. Guest amenities include fully equipped kitchens, complimentary Wi-Fi, fitness facilities, free guest laundry, an on-site market, outdoor grilling areas and complimentary parking with capacity for buses, trucks and trailers—features particularly
aligned with longer-duration stays.
Offered at $6.975 million at a stated 10% cap rate, the property provides an established hospitality operation with 2024, 2025 and trailing-12-month financials available for investor review.