195 S Colorado Ave - Hospitality FOR SALE


Idaho Falls, ID 83402
$4,000,000 USD
801-704-1662
195 S Colorado Ave, Idaho Falls, ID for Sale
$4,000,000 USD
Hospitality - FOR SALE
1/9
null | 8.84% Cap Rate

195 S Colorado Ave
Idaho Falls, ID 83402


HIGHLIGHTS

  • 56-room Sleep Inn conversion opportunity in Idaho Falls, Idaho.

OVERVIEW

KW Commercial Boise is pleased to present the 56-room Sleep Inn conversion opportunity in Idaho Falls, Idaho—the nation’s #2 Best-Performing Small City. This interior-corridor property, currently operating as a Comfort Inn, is strategically positioned for a brand transition to Sleep Inn, allowing a new owner to capitalize on Choice Hotels’ "Scenic Dreams" refresh to elevate the guest experience while achieving superior operating margins. Ideally situated at the prominent I-15 and US-20 interchange, the hotel serves as a primary gateway to the region, capturing a diverse and recession-resilient demand mix that includes consistent year-round corporate travelers from the Idaho National Laboratory, surging volume from the nearby Idaho Falls Regional Airport, and massive seasonal tourism overflow from Yellowstone National Park. Supported by a powerful global reservation system, this conversion represents a prime opportunity to reposition a stabilized asset in one of the Pacific Northwest’s most dynamic and high-growth markets.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$158 USD /SF

# OF ROOMS

56

PRICE/ROOM

$71,429 {currency}

CAP RATE

8.84%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn Conversion to Sleep Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1993

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

R-2

APN/PARCEL ID

RPA2360001001A

ASK ABOUT THIS PROPERTY

Wes ChristensenKW CommercialMore Info
801-704-1662

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Wes ChristensenKW CommercialMore Info
801-704-1662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.