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Comfort Inn Conversion to Sleep Inn 195 S Colorado Ave 56 Room Hotel Idaho Falls, ID 83402 $3,750,000 ($66,964/Room) 7.11% Cap Rate



Investment Highlights
- 56-room Sleep Inn conversion opportunity in Idaho Falls, Idaho.
Executive Summary
KW Commercial Boise is pleased to present the 56-room Sleep Inn conversion opportunity in Idaho Falls, Idaho—the nation’s #2 Best-Performing Small City. This interior-corridor property, currently operating as a Comfort Inn, is strategically positioned for a brand transition to Sleep Inn, allowing a new owner to capitalize on Choice Hotels’ "Scenic Dreams" refresh to elevate the guest experience while achieving superior operating margins. Ideally situated at the prominent I-15 and US-20 interchange, the hotel serves as a primary gateway to the region, capturing a diverse and recession-resilient demand mix that includes consistent year-round corporate travelers from the Idaho National Laboratory, surging volume from the nearby Idaho Falls Regional Airport, and massive seasonal tourism overflow from Yellowstone National Park. Supported by a powerful global reservation system, this conversion represents a prime opportunity to reposition a stabilized asset in one of the Pacific Northwest’s most dynamic and high-growth markets.
Property Facts
| Price | $3,750,000 | Building Size | 25,308 SF |
| Price Per Room | $66,964 | No. Rooms | 56 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7.11% | Year Built/Renovated | 1993/2004 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 3.95/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.30 AC | ||
| Zoning | R-2 - R-2 Zoning | ||
| Price | $3,750,000 |
| Price Per Room | $66,964 |
| Sale Type | Investment |
| Cap Rate | 7.11% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.30 AC |
| Building Size | 25,308 SF |
| No. Rooms | 56 |
| No. Stories | 2 |
| Year Built/Renovated | 1993/2004 |
| Tenancy | Single |
| Parking Ratio | 3.95/1,000 SF |
| Corridor | Interior |
| Zoning | R-2 - R-2 Zoning |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 15 | $150.00 | - |
| Guest Room | 41 | $135.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | RPA2360001001A | Improvements Assessment | $1,928,349 |
| Land Assessment | $198,552 | Total Assessment | $2,126,901 |
Property Taxes
Parcel Number
RPA2360001001A
Land Assessment
$198,552
Improvements Assessment
$1,928,349
Total Assessment
$2,126,901
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Comfort Inn Conversion to Sleep Inn | 195 S Colorado Ave
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