20 Stewart St - Hospitality FOR SALE


Durango, CO 81303
$7,250,000 USD
435-232-4698
20 Stewart St, Durango, CO for Sale
$7,250,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

20 Stewart St
Durango, CO 81303


HIGHLIGHTS

  • Prime Location – Positioned along U.S. Highway 550, near Purgatory Resort, Fort Lewis College, and the Durango & Silverton Narrow Gauge Railroad.
  • Strong Brand Performance – Ranked 72 out of 1,487 Super 8 properties nationwide (top 5%), earning the Super 8 Pride Award in 2022, 2023 & 2024.
  • Recent Capital Improvements – Ownership has upgraded some components of guest rooms and common areas.
  • Attractive Pricing – Priced below replacement costs ($85K per key) with a competitive Room Revenue Multiplier.
  • Three-Story Interior Corridor – The hotel features a three-story interior corridor layout with an elevator.

OVERVIEW

Tours are available by appointment only. To schedule a tour, please contact broker. It is understood that staff at the property should not be contacted directly. A full OM and additional information is available upon completion and return of the NDA and Brokerage Disclosure Agreements. Crosbie Real Estate Group has been selected to exclusively represent the sale of the Super 8 by Wyndham, Durango, Colorado. The Super 8 is a three-story interior corridor hotel with 85-keys situated along U.S. Highway 550 in the highly desirable Four Corners region of Colorado. The property benefits from its proximity to major regional demand drivers, including the Durango & Silverton Narrow Gauge Railroad, Purgatory Resort, and Fort Lewis College, attracting a mix of leisure, corporate, and outdoor recreation travelers throughout the year. Additionally, ownership has invested in various upgrades in recent years, including new bathroom vanities in guest rooms and common area bathrooms, freshly painted guest rooms, an updated exterior Super 8 sign, upgraded door locks and exterior door locks, and upgraded bedding to Wyndham standards. Several other improvements have been made to enhance both guest experience and operational efficiency—interested parties are encouraged to contact the broker for a comprehensive list of renovations.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$193 USD /SF

# OF ROOMS

85

PRICE/ROOM

$85,294 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Durango

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C2

APN/PARCEL ID

R004495

ASK ABOUT THIS PROPERTY

Alex NielsenCrosbie Real Estate GroupMore Info
435-232-4698

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Alex NielsenCrosbie Real Estate GroupMore Info
435-232-4698

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.