800 Big Thompson Ave - Hospitality FOR SALE


Estes Park, CO 80517
$6,900,000 USD
303-328-2050
800 Big Thompson Ave, Estes Park, CO for Sale
$6,900,000 USD
Hospitality - FOR SALE
1/13
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800 Big Thompson Ave
Estes Park, CO 80517


HIGHLIGHTS

  • The Discovery Lodge is Offered for Sale Individually or in a Portfolio with the Coyote Mountain Lodge Located 0.7 Miles Away
  • Recently Renovated Boutique Hotel - $1.7M in Capex, Mechanical & Electrical Updates/Improvements Completed in 2020-2024
  • Located Along Big Thompson Ave - Within Walking Distance to Many Major Attractions
  • 2024 RevPAR Outperformed 2021 & 2022
  • Within Five Miles of Rocky Mountain National Park - 4.5M Visitors Annually. Total Economic Impact of $464M
  • Discovery Lodge has over 4 Acres, Allowing a New Owner to Expand on the Exterior Common Areas

OVERVIEW

Marcus & Millichap has been chosen to exclusively market for sale the Discovery Lodge in Estes Park, Colorado. The property consists of 57 individual rooms, plus an on site income producing manager’s unit. Discovery Lodge is located less than mile from Lake Estes and 6 miles from Rocky Mountain National Park, which sees 4.5M visitors per year. This recently renovated boutique hotel has undergone $1.7M in Capex, offers significant investment potential. The property has shown impressive performance, with 2024 RevPAR surpassing the figures from 2021 and 2022. Extensive mechanical and electrical updates have been completed between 2020 and 2024. The town of Estes Park has recently invested over $42M in infrastructure to support growing tourism, further enhancing the hotel’s appeal. Additionally, Estes Park is conveniently located within 1.5 hours of Denver International Airport, making it easily accessible for visitors. The Discovery Lodge is offered for sale individually or in a portfolio with the Coyote Mountain Lodge located 0.7 Miles away

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$303 USD /SF

# OF ROOMS

57

PRICE/ROOM

$121,053 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Discovery Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1992

PARKING SPACES

16

LAND DETAILS

LAND ACRES

4.02 AC

LAND SF

175,111 SF

ZONING

C

APN/PARCEL ID

25193-09-025

ASK ABOUT THIS PROPERTY

Adam LewisMarcus & MillichapMore Info
303-328-2050

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Adam LewisMarcus & MillichapMore Info
303-328-2050

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