4001 Elizabeth StPueblo, CO 81008

For Sale
$5,900,000

115-Room Hotel, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 115-room Clarion Inn & Events Center in Pueblo, Colorado presents a compelling investment opportunity. Offered at $5,900,000, this fee-simple property boasts a substantial 50,000 square feet on a 5.39-acre lot, with ample parking for 200 vehicles. Built in 1973 and extensively renovated in 2023, the hotel features a two-story design and is zoned B4. The property enjoys a prime location near the intersection of I-25 and US Highway 50, providing excellent visibility and accessibility. Amenities include an indoor pool, hot tub, fitness center, kitchen, meeting space, breakfast area, and a lounge with a bar. The hotel's strong financial performance is reflected in its impressive 9.43% cap rate and $556,488 NOI. Recent capital expenditures exceeding two million dollars have enhanced the property's value and appeal. Its proximity to downtown Pueblo, the Riverwalk, Colorado State Fairgrounds, and Colorado Springs offers significant potential for revenue growth. This well-maintained hotel presents a rare chance to acquire a profitable hospitality asset with significant upside potential in a thriving market. The property's location less than five miles north of downtown Pueblo, the Riverwalk, and the Colorado State Fairgrounds, coupled with its proximity to Colorado Springs and its airport (40 miles south), ensures strong occupancy rates and revenue generation. The property's APN is 0-5-13-0-62-001.

Highlights

  • 115-room Clarion Inn & Events Center offering significant revenue growth potential.
  • Over $2M in recent capital improvements.
  • High visibility and accessibility at I-25 and US Hwy 50 intersection.
  • Excellent location near restaurants, shops, and entertainment.
  • Less than 5 miles from downtown Pueblo, Riverwalk, and Colorado State Fairgrounds.
  • Conveniently located 40 miles south of Colorado Springs and its airport.

Property Details for 4001 Elizabeth St

Property type
Other hospitality properties, Motels
Square Feet
50,000 SF
Year Built/Renovated
1973/2023
Stories
2
Lot Size (sq. ft)
234,788 SF

Location Insight

City
Pueblo
County
Pueblo
State
Colorado
Latitude
38.309826501881
Longitude
-104.61532116477
4001 Elizabeth St, Pueblo, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4001 Elizabeth St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message