300 S Highway 13 - Hospitality FOR SALE
Craig, CO 81625 |
$7,500,000 USD
480-567-6853
300 S Highway 13
Craig, CO 81625
HIGHLIGHTS
- Priced at 3x Revenue, 11.3% in-place cap rate
- Nearby Destinations: Steamboat Springs Ski Resort, Dinosaur National Monument, Medicine Bow-Routt National Forests, Yampa River State Park
- Room revenue has averaged $2.9m+ the last 4 years
- $2 Billion Pumped-Hydropower Development project coming to Craig
- Craig is known as the “Elk Hunting Capital of the World”
- 25 mi from Yampa Valley Regional Airport (HDN) – Gateway to Steamboat Springs
FOR SALE DETAILS
PRICE
$7,500,000 USD
PRICE/SF
$87 USD /SF
# OF ROOMS
152
PRICE/ROOM
$49,342 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Quality Inn & Suites Craig
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1981
PARKING SPACES
242
LAND DETAILS
LAND ACRES
7.08 AC
LAND SF
308,405 SF
ZONING
R1
APN/PARCEL ID
R009099
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480-567-6853
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480-567-6853
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