11256 Business Park CirFirestone, CO 80504

For Sale
$11,950,000

75-Key Hotel, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 75-key Holiday Inn Express & Suites in Firestone, Colorado, presents a compelling investment opportunity. Built in 2021, this three-story hotel boasts a prime location directly off I-25, strategically situated between Denver and Fort Collins in a rapidly growing MSA. The 1.99-acre lot (APN 1313-02-0-01-014) houses a single building, offering convenient access to Boulder, Denver, and Fort Collins, making it an ideal choice for travelers exploring Colorado. The property is being offered by the original developer, minimizing potential transfer-related improvements. Its strong performance consistently outperforms comparable hotels in the area, demonstrating a stable and predictable revenue stream. Year-over-year revenue growth provides investors with the flexibility to choose between third-party management or self-management. This newly constructed asset offers a below-replacement-cost purchase price, making it an attractive investment with significant potential for return. Financial records indicate stabilized performance, reducing investment risk and enhancing predictability. The hotel's address is 11256 Business Park Cir, Longmont, CO 80504.

Highlights

  • Year-over-year revenue growth.

Property Details for 11256 Business Park Cir

Property type
Other hospitality properties, Hotels
Year Built
2021
Buildings
1
Stories
3
Lot Size (sq. ft)
86,684 SF

Location Insight

City
Firestone
County
Weld
State
Colorado
Latitude
40.1642068
Longitude
-104.9759279
11256 Business Park Cir, Firestone, Colorado

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11256 Business Park Cir
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