708 Horizon Dr - Hospitality FOR SALE


Grand Junction, CO 81506
$4,550,000 USD
602-478-9636
708 Horizon Dr, Grand Junction, CO for Sale
$4,550,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

708 Horizon Dr
Grand Junction, CO 81506


HIGHLIGHTS

  • 80 room, two-story, exterior corridor
  • Prime opportunity for owner-operator
  • High-visibility site off I-70, close to airport and university
  • Manager quarters on-site
  • Average 3-year Room Revenue: $1,500,000
  • Asking at 3x room revenue

OVERVIEW

Dinesh "Dan" Rama of NewGen Advisory presents the Days Inn by Wyndham Grand Junction - an excellent opportunity to acquire a well-established, 80-room economy hotel strategically located off Interstate 70 in the rapidly growing city of Grand Junction, Colorado. Built in 1974, this two-story, exterior-corridor property sits on a 1.51-acre parcel zoned C-1, with 73 surface parking spaces and reinforced concrete construction. The hotel offers a range of essential amenities, including high-speed internet, a business center, public access Wi-Fi, and a pool, catering well to both leisure and business travelers. Backed by the trusted Wyndham brand, this franchised operation benefits from consistent demand drivers in the region and solid market fundamentals. The surrounding area supports future growth with a projected 6.46% population increase over the next five years, making this a compelling turnkey investment with long-term upside potential.

FOR SALE DETAILS

PRICE

$4,550,000 USD

PRICE/SF

$154 USD /SF

# OF ROOMS

80

PRICE/ROOM

$56,875 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Grand Junction

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

73

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

C-1

APN/PARCEL ID

2701-364-00-074

ASK ABOUT THIS PROPERTY

Dinesh Dan RamaNewGen AdvisoryMore Info
602-478-9636

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Dinesh Dan RamaNewGen AdvisoryMore Info
602-478-9636

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