100-Room Hotel with
For Sale
$7,400,000
2210 Highway 6 And 50, Grand Junction, CO 81505
Leased office suites and an income-producing powered warehouse complement the lodging and restaurant facilities.
Property Size45,882 SF
Lot Size6.03 Acres
Price / SF$161.28
Days on Market14
Property Features for 2210 Highway 6 And 50
General Information
Standard status
Active
Size
45,882 SF
Lot size
6.03 Acres
Site & Location
Pylon Signage
Yes
Highway Access
Yes
Road Access
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Business Included
Yes
Warehouse Space
6,500 SF
Taxes and HOA fees
Annual Taxes
$63,226
Building Details
Year Renovated
2021
Listing Agency:
S.U.R.E., LLC
(970) 300-5857
Listed By:
Katherine Davis · License #12736
(970) 778-5083
Source:
Exprealty
Added: Oct 19
Changed: Oct 30
Last Checked: Oct 30 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of S.U.R.E., LLC
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Investment Insights
Based on property information with market context.
This hotel property includes 100 exterior-corridor guest rooms, a check-in lobby, banquet space, and a fully built-out 3,800-square-foot restaurant. Multiple office suites are leased, and a separate 6,500-square-foot powered warehouse has active tenant leases. The site spans approximately 6.03 acres and includes parking and pole signage. The property was renovated in 2018 and 2019, with PIP work completed July 8, 2021; no PIP dues remain. The offering includes the real estate and business operations.
At the corner of Highway 6 and 50 and I-70, the property is situated between Grand Junction and Fruita, Colorado, east of the Travel Center of America. Franchise terms include an 8% net franchise fee. The existing owner operates the management company and offers 30 days of transition support or a separate ongoing management agreement.
At the corner of Highway 6 and 50 and I-70, the property is situated between Grand Junction and Fruita, Colorado, east of the Travel Center of America. Franchise terms include an 8% net franchise fee. The existing owner operates the management company and offers 30 days of transition support or a separate ongoing management agreement.
Key Highlights
- 100 exterior‑corridor guest rooms
- Approximately 6.03 acres at the Highway 6 and 50 and I‑70 corner
- 3,800‑square‑foot restaurant with banquet space and check‑in lobby
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$674,255
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,485,100
$13.5M
Cap Rate 7%
$9,632,214
$9.6M
Cap Rate 9%
$7,491,722
$7.5M
Market Conditions
NOI Build-Up for 45,882 SF
Gross rent
$974.5K $21.24/SF
− Vacancy
−$75.5K −$1.65/SF
EGI
$899.0K $19.59/SF
− OpEx
−$224.8K −$4.90/SF
NOI
$674.3K $14.70/SF
Area
Mesa County, CO
Vacancy
7.75%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,485,100
Cap Rate 7%
$9,632,214
Cap Rate 9%
$7,491,722
Alternative Uses
Best Use
Specialty Retail
$9.63M
$8.43M – $11.24M
NOI $674,255 @ 7.0% cap · market cap 9.11%
Second Best
Warehouse
$6.13M
$5.36M – $7.15M
NOI $428,989 @ 7.0% cap · market cap 5.80%
Theoretical Best
Healthcare Medical
$87.07M
$76.19M – $101.58M
NOI $6,094,965 @ 7.0% cap · market cap 82.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
203
Businesses Nearby
Explore this area
Business Placement
Demographics for 81505, CO
11,791
Population
5,379
Households
2.2
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
72.1 sq mi
ZIP Area
164
Density / Sq Mi
$87,677
Median Household Income
$46,560
Median Earnings
$1,424
Median Rent
$436,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Hotel - Leased office suites and an income-producing powered warehouse complement the lodging and restaurant facilities.
Where is this hotel located?
The property is located at 2210 Highway 6 And 50 Grand Junction, CO.
What is the asking price?
The asking price for this property is $7,400,000.
What are key features of this property?
This property features: 100 exterior‑corridor guest rooms; Approximately 6.03 acres at the Highway 6 and 50 and I‑70 corner; 3,800‑square‑foot restaurant with banquet space and check‑in lobby
