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123-Room Extended-Stay Hotel
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Pending

704 Horizon Dr, Grand Junction, CO 81506

Two-story hotel with remodeled rooms, kitchenettes, outdoor pool, guest laundry, dog park, and vending machines.

Property SizeContact for details
Days on Market142

Property Features for 704 Horizon Dr

General Information

Standard status Pending
Property subtype Hospitality
Listing Agency: Marcus & Millichap - Denver
Listed By: Christy McDougall · License #CO FA. 100097715
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:40PM

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 Marcus & Millichap - Denver

Investment Insights

Based on property information with market context.

Studio 6 Grand Junction is a two-story, 123-room exterior-corridor hotel offering extended-stay accommodations. Guest rooms were remodeled with kitchenettes, flat-screen televisions, and work desks. Property amenities include an outdoor pool, guest laundry facilities, dog park, and vending machines. The hotel was converted to the Studio 6 brand in November 2021 and completed a renovation to G6 brand standards that year.

The property is located at 704 Horizon Drive in Grand Junction, just off Interstate 70. St. Mary’s Hospital and Colorado Mesa University are approximately 1.8 and 2.3 miles away, respectively. Grand Junction Regional Airport is 1.8 miles from the hotel, with additional nearby demand generators including Avalon Theatre, The Escape House, Museum of Western Colorado, and Bananas Fun Park.

The surrounding economy includes health care, education, tourism, agriculture, livestock, and energy mining. The hotel is one of only two extended-stay economy hotels in the area, and no competitive new supply is slated for development in the submarket.

Key Highlights

  • 123‑room, two‑story exterior‑corridor hotel at 704 Horizon Dr
  • Converted to the Studio 6 brand in November 2021
  • Guest rooms include kitchenettes, flat‑screen televisions, and work desks

Property Analytics

Current Use

Studio 6 Grand ... Hotel & Motel

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Dental Office Hair Salon Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

569
Businesses Nearby

Demographics for 81506, CO

11,412
Population
5,737
Households
2
Avg Household Size
52
Median Age
43%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
477
Density / Sq Mi
$76,464
Median Household Income
$40,705
Median Earnings
$1,211
Median Rent
$428,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Two-story hotel with remodeled rooms, kitchenettes, outdoor pool, guest laundry, dog park, and vending machines.
Where is this hotel located?
The property is located at 704 Horizon Dr Grand Junction, CO.
What are key features of this property?
This property features: 123‑room, two‑story exterior‑corridor hotel at 704 Horizon Dr; Converted to the Studio 6 brand in November 2021; Guest rooms include kitchenettes, flat‑screen televisions, and work desks
(972) 755-5302 Call to check price and availability
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