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Quality Inn Durango 2930 Main Ave 48 Room Hotel Durango, CO 81301 $5,550,000 ($115,625/Room) 8.80% Cap Rate
Investment Highlights
- Diverse Durango Demand Generators: Durango pulls demand from the Narrow Gauge Railroad, Mesa Verde, Fort Lewis College, the Animas River corridor
- Strong Trailing 12 Performance: Recent T-12 revenue reflects healthy topline performance, with Durango holding strong despite broader softness
- Upcoming Choice Repositioning Window: Approaching Choice’s conversion window offers lower liquidated damages and strong brand conversion economics
- Ideal Owner Operator Opportunity: Includes a renovated 1 bedroom / 1 bathroom living quarters, allowing an owner operator to live on site
- Purgatory Resort Year Round Impact: Purgatory Resort drives significant winter ski traffic and strong summer visitation through mountain biking
- Regional Gateway Location: The market also benefits from major events, key employers, and its role as a gateway to the San Juan Mountains, Telluride
Executive Summary
Matthews Real Estate is pleased to exclusively represent the seller in the disposition of Quality Inn Durango, CO.
This offering presents a compelling opportunity to acquire a well-performing hospitality asset in one of Colorado’s most resilient tourism markets. The property benefits from diverse demand generators including the Durango & Silverton Narrow Gauge Railroad, Mesa Verde National Park, Fort Lewis College, the Animas River corridor, and Durango’s historic downtown, supported by approximately $441 million in annual visitor spending.
The hotel continues to demonstrate strong trailing-twelve-month performance, with Durango remaining stable despite broader softness across much of Colorado’s lodging sector. Additional upside exists through the renovated one-bedroom, one-bathroom owner’s quarters, creating an ideal owner-operator opportunity to streamline operations.
Durango’s proximity to Purgatory Resort further strengthens year-round demand, with winter ski traffic and robust summer visitation driven by mountain biking, events, and outdoor recreation. The upcoming Choice Hotels repositioning window also offers attractive conversion economics and the potential to elevate the property into an upscale boutique concept, unlocking higher ADR and appealing to more affluent travelers.
The market’s role as a regional gateway to the San Juan Mountains, Telluride, Ouray, and the Four Corners region enhances the long-term investment profile and supports durable, diversified demand.
Broker of Record
Brayden Conner
License # ER.100106933, EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
This offering presents a compelling opportunity to acquire a well-performing hospitality asset in one of Colorado’s most resilient tourism markets. The property benefits from diverse demand generators including the Durango & Silverton Narrow Gauge Railroad, Mesa Verde National Park, Fort Lewis College, the Animas River corridor, and Durango’s historic downtown, supported by approximately $441 million in annual visitor spending.
The hotel continues to demonstrate strong trailing-twelve-month performance, with Durango remaining stable despite broader softness across much of Colorado’s lodging sector. Additional upside exists through the renovated one-bedroom, one-bathroom owner’s quarters, creating an ideal owner-operator opportunity to streamline operations.
Durango’s proximity to Purgatory Resort further strengthens year-round demand, with winter ski traffic and robust summer visitation driven by mountain biking, events, and outdoor recreation. The upcoming Choice Hotels repositioning window also offers attractive conversion economics and the potential to elevate the property into an upscale boutique concept, unlocking higher ADR and appealing to more affluent travelers.
The market’s role as a regional gateway to the San Juan Mountains, Telluride, Ouray, and the Four Corners region enhances the long-term investment profile and supports durable, diversified demand.
Broker of Record
Brayden Conner
License # ER.100106933, EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $5,550,000 | Lot Size | 0.72 AC |
| Price Per Room | $115,625 | Building Size | 17,691 SF |
| Sale Type | Investment | No. Rooms | 48 |
| Cap Rate | 8.80% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1983 |
| Property Subtype | Hotel | Parking Ratio | 3.22/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | Commercial | ||
| Price | $5,550,000 |
| Price Per Room | $115,625 |
| Sale Type | Investment |
| Cap Rate | 8.80% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 17,691 SF |
| No. Rooms | 48 |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 3.22/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
Amenities
- Business Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fiber Optic Internet
- Smoke Detector
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 48 | $126.00 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $650,220 | |
| Land Assessment | $375,890 | Total Assessment | $1,026,110 |
Property Taxes
Parcel Numbers
Land Assessment
$375,890
Improvements Assessment
$650,220
Total Assessment
$1,026,110
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Quality Inn Durango | 2930 Main Ave
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