Building Details

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Listing Agency: Marcus & Millichap - Denver c***@marcusmillichap.com Show Phone

Listed By: Christy McDougall · License #CO FA. 100097715

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 2:19PM

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Investment Insights

Based on property information with market context.

Best Western Plus Carousel Inn is a three-story, 66-room hotel offered for sale in Burlington, Colorado. The property is positioned as a Best Western Hotels-affiliated hotel and includes an indoor heated pool, breakfast area, fitness center, meeting space, banquet facilities, convenience store, and business center.

The hotel is located at 605 S Lincoln St, just off U.S. Highway 385 and Interstate 70, providing convenient access for guests traveling through the area. Burlington, in Kit Carson County, is supported by agriculture, healthcare, and retail, with additional stability provided by local school district and health service organizations.

For the trailing twelve months ending December 2022, the hotel reported room revenues of over $1.6 million and net operating income of just over $771,000, after a 4% capital replacement reserve. The offering includes information suggesting opportunities to improve performance through enhanced revenue management and resulting NOI flow-through.

Key Highlights

• Best Western Plus Carousel Inn in Burlington, CO: 66‑room, three‑story hotel at 605 S Lincoln St
• Located just off U.S. Highway 385 and Interstate 70
• On‑site amenities include an indoor heated pool, breakfast area, fitness center, meeting space, banquet facilities, convenience store, and business center

Property Analytics

Current Use

Best Western Plus ... Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Pharmacy HVAC Service Parking Lot & Garage Restaurant Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

42

Businesses Nearby

Explore this area Business Placement

Demographics for 80807, CO

4,232

Population

2,057

Households

2.1

Avg Household Size

38

Median Age

18%

College-Educated

89%

High-School Grad

743.9 sq mi

ZIP Area

6

Density / Sq Mi

$65,833

Median Household Income

$43,402

Median Earnings

$1,002

Median Rent

$226,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Hotel - Three-story Best Western Plus Carousel Inn offers 66 rooms and includes indoor heated pool, fitness, and meeting space.

Where is this hotel located?

The property is located at 605 S Lincoln St Burlington, CO.

What are key features of this property?

This property features: Best Western Plus Carousel Inn in Burlington, CO: 66‑room, three‑story hotel at 605 S Lincoln St; Located just off U.S. Highway 385 and Interstate 70; On‑site amenities include an indoor heated pool, breakfast area, fitness center, meeting space, banquet facilities, convenience store, and business center