Property summary
This exceptional 75-key Holiday Inn Express & Suites in Firestone, Colorado, presents a compelling investment opportunity. Built in 2021, this three-story hotel boasts a prime location directly off I-25, strategically situated between Denver and Fort Collins in a rapidly growing MSA. The 1.99-acre lot (APN 1313-02-0-01-014) houses a single building, offering convenient access to Boulder, Denver, and Fort Collins, making it an ideal choice for travelers exploring Colorado. The property is being offered by the original developer, minimizing potential transfer-related improvements. Its strong performance consistently outperforms comparable hotels in the area, demonstrating a stable and predictable revenue stream. Year-over-year revenue growth provides investors with the flexibility to choose between third-party management or self-management. This newly constructed asset offers a below-replacement-cost purchase price, making it an attractive investment with significant potential for return. Financial records indicate stabilized performance, reducing investment risk and enhancing predictability. The hotel's address is 11256 Business Park Cir, Longmont, CO 80504.
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6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
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