314 Pavilion Ln - Hospitality FOR SALE


Fort Collins, CO 80525
$11,000,000 USD
303-328-2050
314 Pavilion Ln, Fort Collins, CO for Sale
$11,000,000 USD
Hospitality - FOR SALE
1/12
null | 8% Cap Rate

314 Pavilion Ln
Fort Collins, CO 80525


HIGHLIGHTS

  • 83 Key IHG Branded Extended Stay Hotel – All units are equipped with full kitchenettes to service extended stay clientele
  • Positive RevPAR growth year over year for the past 4 years
  • Outcompeted the property’s Comp Set in RevPAR since 2022
  • No new hotels are currently under development within Fort Collins
  • Located off US-287 which sees over 40,000 vehicles per day
  • Strong in-place debt coverage ratio which allows for SBA or Conventional financing

OVERVIEW

To view our offering summary and due diligence, please visit https://candlewoodsuitesfortcollinsihg.sharplaunch.com/ or contact Josh Tammen at (480) 567-6853 Marcus & Millichap has been chosen to exclusively market for the sale of the Candlewood Suites Fort Collins, located in Fort Collins, Colorado. This property is a 3-story, interior corridor extended-stay hotel with 83 rooms, all units are equipped with full kitchenettes to service the extended-stay clientele Candlewood Suites offers a prime location near I-25, Colorado State University, and the Fort Collins/Loveland Airport, making it an ideal choice for travelers. Situated in the heart of Fort Collins, guests will discover one of America's best-kept secrets. Known for its wide range of outdoor activities, vibrant shopping, dining, and arts scene, Fort Collins has earned recognition from Forbes Magazine as the second best place for business and careers. Staying at Candlewood Suites gives guests easy access to all of these attractions. Just a short drive away, visitors can enjoy hiking at Horsetooth Reservoir, whitewater rafting, or fishing in the Poudre River. They can also explore the unique shops and restaurants of historic Old Town, and experience the local breweries Fort Collins is famous for. Nearby, major employers such as Hewlett Packard, Poudre Valley Hospital, Intel, Banner, State Farm, Avago, and Foothills Shopping Center are within reach. Whether for business, leisure, or relocation, Candlewood Suites provides a comfortable and convenient home base. With fully equipped kitchens, flat-screen TVs, and free on-site laundry, the property offers an excellent alternative to corporate housing and a great option for both extended stays and short visits.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$219 USD /SF

# OF ROOMS

83

PRICE/ROOM

$132,530 {currency}

CAP RATE

8%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Candlewood Suites Fort Collins

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2014

PARKING SPACES

113

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

HC

APN/PARCEL ID

97363-83-004

ASK ABOUT THIS PROPERTY

Adam LewisMarcus & MillichapMore Info
303-328-2050

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Adam LewisMarcus & MillichapMore Info
303-328-2050

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