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Property profile & analytics
OFF-MARKET
Estimated value
$1,795,000
Hotels
754 Horizon Dr Grand Junction, CO 81506-3932
Entity Owned
10-yr Hold
Property ID
US13-0809577
Property summary
AI-generated overview
This 90-key Baymont by Wyndham hotel in Grand Junction, Colorado, presents a compelling investment opportunity. Ideally situated near Grand Junction Regional Airport and Grand Junction Speedway, with easy access from Interstate-70 and Horizon Drive, this property offers excellent visibility and convenient access for guests. Originally built in 1978 and extensively renovated in 2022 with a $1.1 million investment, the hotel benefits from the recent conversion to the Baymont brand. This upgrade provides a strong foundation for increased revenue and the ability to meet current market demands. The property is offered fee-simple and is unencumbered by management agreements, providing owners with complete control and operational flexibility. Leveraging the established Wyndham brand and its loyal customer base, this asset promises consistent cash flow and significant potential for appreciation. The hotel's location in Mesa County, at 754 Horizon Dr, Grand Junction, CO 81506 (39.1138008, -108.5343324), ensures strong occupancy rates. This is a rare chance to acquire a well-positioned, recently renovated hotel with significant upside potential.
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1977
Construction
WOOD
Total area
34,560 SF
Lot
1.78 ac (77,537 SF)
Zoning code
C-1
APN
2701-361-26-026
UPID
US13-0809577
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Americas Best Value Inn Grand Junction Hotel & Motel
-
Horizon Inn Hotel & Motel
-
Baymont by Wyndham Grand Junction Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
Shivpooja LLC · 10 yrs held
Shivpooja LLC
since 2016
3 recorded transactions
Zoning & alternative use
C-1 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grand Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Junction submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,970,000
6.5%
$1,815,000
7%
$1,685,000
Blend value · Realmo final
$1.80M
Range $1.62M – $1.97M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$52 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$48,118
Tax year 2023
Assessed value
$650,150
Assessed 2023
Previous assessed
$405,480
+60.3% YoY
Effective rate
7.40%
On assessed value
Assessed land
$173,060
Assessed improvement
$477,090
Land market value
$620,300
Improvement market value
$1,710,010
Total market value
$2,330,310
Applied tax rate
14,102.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
1
Rooms
3
Bathrooms
1
Total area
34,560 SF
Lot
1.78 ac (77,537 SF)
Zoning code
C-1
APN
2701-361-26-026
UPID
US13-0809577
Jurisdiction
MESA
Zoning & alternative use
C-1 · Grand Junction, CO
Zoning C-1 · permitted uses
C-1 · Grand Junction, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Junction. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
1
Rooms
3
Bathrooms
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Shivpooja LLC
Entity
Mailing address
754 HORIZON DR, GRAND JUNCTION, CO 81506-3932
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2016
$1,885,000
Shivpooja LLC
Lindberg,robert
Grant Deed
$1,718,000 · First Wstrn Sblc
Feb 24, 2016
—
Robert Lindberg
Tres Pueblo Ptshp
Warranty Deed
—
—
—
Tres Pueblo Ptshp
—
Deed Of Trust
related
$152,011 · Alpine Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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