Bank-Owned Extended Stay Hotels 2 Hospitality Properties Offered at $4,500,000 in Pueblo, CO

This offering consists of a two-hotel portfolio totaling 185 rooms, located on the same lot along Pueblo’s primary lodging corridor with immediate access to I 25 and US Highway 50. Both assets are bank owned and offered through receivership, providing investors a compelling opportunity to acquire well located hospitality assets at a cost significantly below replacement.
The portfolio includes a 115 room Budget Inn (formerly a Clarion Hotel) and a 70 room Studio Lodge (formerly a Suburban Studios extended stay hotel). Both properties are currently non-operational and positioned for repositioning through renovation, rebranding, and improved management, offering meaningful upside for value-add investors and owner operators.
The 115 room Budget Inn comprises approximately 74,880 square feet on a portion of the 5.39-acre site with ample parking and strong access from North Elizabeth Street. The property features a large lobby, restaurant and lounge space, meeting rooms, indoor pool and jacuzzi, fitness area, and guest laundry—providing a strong foundation for reopening as a limited service or select service hotel.
The 70 room Studio Lodge offers an extended stay layout designed to support longer term occupancy with a lower staffing model, making it well suited for operators focused on efficiency and steady cash flow. The property benefits from excellent visibility along I 25 and proximity to retail, restaurants, and other lodging demand generators. The layout and location also support alternative uses, including budget lodging or workforce housing.
Together, the assets present a rare opportunity to control a scale hospitality footprint in a supply constrained corridor, with flexible repositioning strategies ranging from traditional hotel operations to extended stay or alternative housing concepts. The portfolio is ideally suited for value-add investors or owner operators seeking a well-located acquisition with clear operational and redevelopment upside.