$5,550,000 USD
253-486-3467
2930 Main Ave
Durango, CO 81301
Downtown Durango
HIGHLIGHTS
- Diverse Durango Demand Generators: Durango pulls demand from the Narrow Gauge Railroad, Mesa Verde, Fort Lewis College, the Animas River corridor
- Ideal Owner Operator Opportunity: Includes a renovated 1 bedroom / 1 bathroom living quarters, allowing an owner operator to live on site
- Strong Trailing 12 Performance: Recent T-12 revenue reflects healthy topline performance, with Durango holding strong despite broader softness
- Purgatory Resort Year Round Impact: Purgatory Resort drives significant winter ski traffic and strong summer visitation through mountain biking
- Upcoming Choice Repositioning Window: Approaching Choice’s conversion window offers lower liquidated damages and strong brand conversion economics
- Regional Gateway Location: The market also benefits from major events, key employers, and its role as a gateway to the San Juan Mountains, Telluride
FOR SALE DETAILS
PRICE
$5,550,000 USD
PRICE/SF
$314 USD /SF
# OF ROOMS
48
PRICE/ROOM
$115,625 {currency}
CAP RATE
8.8%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Quality Inn Durango
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1983
PARKING SPACES
64
LAND DETAILS
LAND ACRES
0.72 AC
LAND SF
31,363 SF
ZONING
Commercial
APN/PARCEL ID
R001667,R006295
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
253-486-3467
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
253-486-3467
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
