92 Commerce St | Craig, CO 81625
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- LoopNet Team
92 Commerce St
Craig, CO 81625
Candlewood Suites Craig-Northwest · Hospitality Property For Sale
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43,411 SF
INVESTMENT HIGHLIGHTS
- 3 Story IHG Branded Stabilized Extended Stay Hotel - The Only Extended Stay Property in Craig
- Strong NOI Margin of 41%
- Two Largest Employers (Trapper Mining & Memorial Regional Health) located within 10 minutes from this hotel
- Offered at 10% Cap- Including Cost of Property Improvement Plan
- Minimal Operational Burden - No Breakfast or Swimming Pool
- Conveniently Located off U.S. Route 40 & State Highway 13 with 14,300 Vehicles Per Day
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2008/2009 |
| Building Class | B | Parking Ratio | 1.75/1,000 SF |
| Lot Size | 4.06 AC | Corridor | Interior |
| Building Size | 43,411 SF | ||
| Zoning | RC | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.06 AC |
| Building Size | 43,411 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2008/2009 |
| Parking Ratio | 1.75/1,000 SF |
| Corridor | Interior |
| Zoning | RC |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | R009107 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $722,332 |
PROPERTY TAXES
Parcel Number
R009107
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$722,332
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