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Hilton Garden Inn Longmont 470 S Martin St 105 Room Hotel Longmont, CO 80501 $18,400,000 ($175,238/Room)
INVESTMENT HIGHLIGHTS
- Newer Built 105 Room Hilton Garden Inn – Opened in November 2020, Minimal Food & Beverage Department
- Growth Opportunity – Sundance Film Festival will relocate to Boulder Colorado in 2027 (2024 Sundance Film Festival saw 72,840 in-person attendees)
- The City of Longmont established a Downtown Development Authority to support & accelerate the area's development, reflecting a strong signal of growth
- Direct Visibility and Access from Colorado State Highway 199, which sees 42,000 Vehicles Per Day
- Situated less than 3 miles from the UCHealth Longs Peak Hospital
- Central location to Estes Park and Rocky Mountain National Park 34 miles, Boulder 14 miles, Denver International Airport 38 miles
EXECUTIVE SUMMARY
Click Here to View Virtual Walkthrough and Due Diligence: hiltongardeninnlongmont.sharplaunch.com
PROPERTY FACTS
| Price | $18,400,000 | Building Size | 69,648 SF |
| Price Per Room | $175,238 | No. Rooms | 105 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built | 2020 |
| Property Subtype | Hotel | Parking Ratio | 1.23/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.25 AC | ||
| Zoning | MU-R - Mixed-Use Regional Center | ||
| Price | $18,400,000 |
| Price Per Room | $175,238 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.25 AC |
| Building Size | 69,648 SF |
| No. Rooms | 105 |
| No. Stories | 4 |
| Year Built | 2020 |
| Parking Ratio | 1.23/1,000 SF |
| Corridor | Interior |
| Zoning | MU-R - Mixed-Use Regional Center |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 105 | $128.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 1315112-01-001 | Improvements Assessment | $3,461,319 |
| Land Assessment | $302,481 | Total Assessment | $3,763,800 |
PROPERTY TAXES
Parcel Number
1315112-01-001
Land Assessment
$302,481
Improvements Assessment
$3,461,319
Total Assessment
$3,763,800
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Hilton Garden Inn Longmont | 470 S Martin St
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