470 S Martin St - Hospitality FOR SALE
Longmont, CO 80501 |
$18,400,000 USD
480-567-6853
470 S Martin St
Longmont, CO 80501
HIGHLIGHTS
- Newer Built 105 Room Hilton Garden Inn – Opened in November 2020, Minimal Food & Beverage Department
- Direct Visibility and Access from Colorado State Highway 199, which sees 42,000 Vehicles Per Day
- Growth Opportunity – Sundance Film Festival will relocate to Boulder Colorado in 2027 (2024 Sundance Film Festival saw 72,840 in-person attendees)
- Situated less than 3 miles from the UCHealth Longs Peak Hospital
- The City of Longmont established a Downtown Development Authority to support & accelerate the area's development, reflecting a strong signal of growth
- Central location to Estes Park and Rocky Mountain National Park 34 miles, Boulder 14 miles, Denver International Airport 38 miles
FOR SALE DETAILS
PRICE
$18,400,000 USD
PRICE/SF
$264 USD /SF
# OF ROOMS
105
PRICE/ROOM
$175,238 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Hilton Garden Inn Longmont
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2020
PARKING SPACES
86
LAND DETAILS
LAND ACRES
2.25 AC
LAND SF
98,010 SF
ZONING
MU-R
APN/PARCEL ID
1315112-01-001
ASK ABOUT THIS PROPERTY
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480-567-6853
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480-567-6853
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