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- LoopNet Team
3626 N Freeway Rd
Pueblo, CO 81008
Baymont Inn & Suites Pueblo · Hospitality Property For Sale
·
27,311 SF
INVESTMENT HIGHLIGHTS
- Prime spot with easy access to the freeway.
- Strong uptrending revenue shows increases in ADR and RevPar in 2021 by 30.93% and 48.64% respectively
- Great condition with minimal PIPS due to continous improvements
- Due to the masive expansion of Pueblo, the demand for lodging continue to increase
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1996/2018 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.78 AC | Parking Ratio | 4.03/1,000 SF |
| Building Size | 27,311 SF | Corridor | Interior |
| Zoning | B-4 - Central Business District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.78 AC |
| Building Size | 27,311 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1996/2018 |
| Tenancy | Single |
| Parking Ratio | 4.03/1,000 SF |
| Corridor | Interior |
| Zoning | B-4 - Central Business District |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Spa
- High Speed Internet Access
- Public Access Wifi
ABOUT 3626 N FREEWAY RD , PUEBLO, CO 81008
Lokation Commercial has been retained as the exclusive broker to market for sale the Baymont Inn and Suteis by Wyndham, Pueblo, Colorado, a 68-room interior corridor hotel located directly off Interstate 25 andHighway 50. This subject property is located approximately 45 miles from Colorado Springs and 35miles from Canon City. The subject property remains in excellent condition due to on going capital improvement plan and recent renovations completed. It is reasonbly expected that the change of ownership PIP would be very minimal. The improvements includes new parking lot, highspeec internet system, fire sprinkler system and updated interior and exterior. Additionlly, the recent expansion of Pueblo will be continued based on the following factors: a. EVRAZ(fornerly known as Colorado Fuel and Iron Company) Steel Mill initiated $500 Million Expansion Plan - Possibly will create 1000 new net jobs b. Colorado Office of Economic Development and International Trade (OEDIT) approved $250 Million Solar Energy Facility in Pueblo - Possibly will create 205 new net jobs c. Increasing number of single family residential building permits continues due to cheaper construction cost than the national average d. Increasing demand for retirment population due to cheaper housing costs and warmer weather
PROPERTY TAXES
| Parcel Number | 0-5-13-0-40-003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $787,240 |
PROPERTY TAXES
