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14378 US 34
Fort Morgan, CO 80701
Baymont Inn & Suites - Fort Morgan · Hospitality Property For Sale
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63,075 SF
Investment Highlights
- Currently, the hotel is renting out 99 rooms with an additional room being used as a manager living quarters.
- YTD March 2023 hotel revenue increased 120% compared to the same period in 2022, and its March 2023 TTM revenue amounted to $1,509,346.
- The market’s expanding industrial business generators in the area include Cargill Meat Solutions, Western Sugar Cooperative, and Xcel Energy.
- In 2022, the hotel’s RevPAR was $36.47, while the competitive set’s RevPAR was $56.91, showing a significant upside for growth.
Property Facts
| Sale Condition | Auction Sale | Building Size | 63,075 SF |
| Type of Ownership | Fee Simple | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1968/2015 |
| Property Subtype | Hotel | Parking Ratio | 2.43/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 4.15 AC | Parcel Number | R009540 01 |
| Zoning | C - Commercial | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.15 AC |
| Building Size | 63,075 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1968/2015 |
| Parking Ratio | 2.43/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
| Parcel Number | R009540 01 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
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