1620 Oakridge Dr
Fort Collins, CO 80525
Hampton Inn Fort Collins · Hospitality Property For Sale · 39,444 SF

The Hampton Inn Fort Collins is a 75 guest room, 3 story hotel located just 4 miles west of Interstate-25 off of E Harmony Road at 1620 Oakridge Drive in Fort Collins, CO. The Hampton Inn is being offered unencumbered by its current management agreements, thereby providing an excellent opportunity for an owner to fully control the property’s operations. The Hotel opened in 1996 and was built in a straight-line configuration. The ground floor consists of public space, including the lobby, breakfast area, administrative offices, and back-of-the-house areas such as maintenance room and storage and the commercial laundry equipment. Guestrooms are situated on all floors. Interior partitioning is wood framed and covered in either drywall and paint or wallpaper. Guestrooms offer a flat screen television, armoire, nightstands, desk and / or activity table, closet, iron and ironing board, hairdryer, telephone, internet connectivity, and mini refrigerators and microwaves. The Hotel is has unparalleled to access to leisure and corporate demand generators and is located within 15 miles of Fort Collins’ Downtown, Colorado State University, Budweiser Events Center, the Collindale Golf Course, Horsetooth Reservoir, and Foothills Mall. Within 6 miles of the hotel, visitors also have access to the University of Colorado Health, the Youth Clinic South, Kaiser Permanente Fort Collins Medical Offices. The Hotel’s proximity to US-287 allows for easy access to Downtown Fort Collins and the city’s Historic Old Town; travelers can enjoy all of Fort Collins’s exciting recreational opportunities, unique cultural offerings, museums, festivals, and breweries. The Property is situated in the middle of Fort Collins’ commercial district, a densely developed area with (multi-and single-family) residential, shopping, entertainment, corporate– such as Intel, Wolf Robotics, and Hewlett Packard, and recreational demand generators located throughout the region and within close proximity. Because of the Property’s location in a densely developed/mature market area with a top-tier airport, colleges, and healthcare facilities nearby, there are ample restaurants within close proximity to the Property including The Melting Pot, Austin’s American Grill, Waltzing Kangaroo, CopperMuse Distillery, Carrabba’s Italian Grill, Outback Steakhouse, and Berry Blendz. The Property is positioned in a high growth area within 5-mile radius; Population Growth from 2010-2019 was ±16.78% and anticipated to continuing growing ±8.64% from 2019-2024. The Property’s 2019 demographics show approximately ±149,709 individuals residing within a five-mile radius of the property and an average household income of ±$81,357. In 2019, the total estimated specified consumer spending within a 5-mile radius of the Property accounts for ±$1,621,393,000 and there are ±9,388 businesses and ±109,540 employees. The Hampton Inn Fort Collins offers investors the opportunity to purchase a cash flowing hospitality asset with strong upside potential exists with room revenue growth and NOI improvement with focused managerial effort following a planned renovation project.