3520 Timberwood Dr - Hospitality FOR SALE


Fort Collins, CO 80525
$13,500,000 USD
303-328-2050
3520 Timberwood Dr, Fort Collins, CO for Sale
$13,500,000 USD
Hospitality - FOR SALE
1/16
null | 7.2% Cap Rate

3520 Timberwood Dr
Fort Collins, CO 80525


HIGHLIGHTS

  • 2018 Built Marriott Branded Hotel
  • Consistent RevPAR growth – Average of 9% over the last 3 years
  • The Fairfield Inn & Suites Fort Collins is offered well below replacement cost at $127K per key
  • Strong topline revenue with opportunity for continued growth - ranked 3 of 8 within hotels comp set
  • Close proximity to the Interstate 25 - 70,000+ vehicles per day
  • No new hotels are currently under development within the Fort Collins MSA

OVERVIEW

To view our offering summary and due diligence, please visit https://fairfieldinnsuitesfortcollinssouth.sharplaunch.com/ or contact Josh Tammen at (480) 567-6853 Marcus & Millichap has been chosen to exclusively market for the sale of the Fairfield Inn & Suites Fort Collins South, located in Fort Collins, Colorado. This property is a 4-story, interior corridor hotel with 106 rooms, Conveniently Located near the I-25, providing easy access for transient travelers which sees 70,000+ VPD. At Fairfield Inn and Suites Fort Collins South, guests can transform any stay into a relaxing getaway, enjoying a stress-free experience that keeps them at their absolute best. The hotel is conveniently located near popular destinations like Colorado State University, Canvas Stadium, and the Lincoln Center. After a busy day of business or exploration, guests can unwind in the modern comfort of thoughtfully designed rooms and suites, equipped with complimentary WiFi, mini-refrigerators, microwaves, and flat-screen TVs. Active travelers will appreciate the indoor pool and 24-hour fitness center, alongside the complimentary hot breakfast.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$250 USD /SF

# OF ROOMS

106

PRICE/ROOM

$127,358 {currency}

CAP RATE

7.2%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairfield Inn & Suites Fort Collins South

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2018

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

CG

APN/PARCEL ID

86042-15-006

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.