Bank-Owned Extended Stay Hotels Hospitality FOR SALE


Pueblo, CO
$4,500,000 USD
720-221-2704
, Pueblo, CO for Sale
$4,500,000 USD
Hospitality - FOR SALE
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Bank-Owned Extended Stay Hotels
Pueblo, CO


HIGHLIGHTS

  • Bank-Owned | Receivership Sale | 185-Key Value-Add Portfolio
  • Dual Asset: 115-Room Full-Service + 70-Room Extended Stay
  • Prime I-25 & Highway 50 Location with Excellent Visibility
  • Flexible Strategy: Operate Separately or Reposition as Dual-Brand
  • Significant Upside Through Renovation, Reflagging, and Stabilization
  • Ideal for Hospitality, Extended Stay, Workforce Housing, or Redevelopment

OVERVIEW

This offering consists of a two-hotel portfolio totaling 185 rooms, located on the same lot along Pueblo’s primary lodging corridor with immediate access to I 25 and US Highway 50. Both assets are bank owned and offered through receivership, providing investors a compelling opportunity to acquire well located hospitality assets at a cost significantly below replacement. The portfolio includes a 115 room Budget Inn (formerly a Clarion Hotel) and a 70 room Studio Lodge (formerly a Suburban Studios extended stay hotel). Both properties are currently non-operational and positioned for repositioning through renovation, rebranding, and improved management, offering meaningful upside for value-add investors and owner operators. The 115 room Budget Inn comprises approximately 74,880 square feet on a portion of the 5.39-acre site with ample parking and strong access from North Elizabeth Street. The property features a large lobby, restaurant and lounge space, meeting rooms, indoor pool and jacuzzi, fitness area, and guest laundry—providing a strong foundation for reopening as a limited service or select service hotel. The 70 room Studio Lodge offers an extended stay layout designed to support longer term occupancy with a lower staffing model, making it well suited for operators focused on efficiency and steady cash flow. The property benefits from excellent visibility along I 25 and proximity to retail, restaurants, and other lodging demand generators. The layout and location also support alternative uses, including budget lodging or workforce housing. Together, the assets present a rare opportunity to control a scale hospitality footprint in a supply constrained corridor, with flexible repositioning strategies ranging from traditional hotel operations to extended stay or alternative housing concepts. The portfolio is ideally suited for value-add investors or owner operators seeking a well-located acquisition with clear operational and redevelopment upside.

ASK ABOUT THIS PROPERTY

Jordan AndersonColorado Hospitality Services, Inc.More Info
720-221-2704

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Jordan AndersonColorado Hospitality Services, Inc.More Info
720-221-2704

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