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Property

  Arkansas River Inn and Suites

Location

  Canon City, Colorado

Number of Units

  67 units

Sales Price

  $ 1,800,000

Room Revenue

  636,863 (T12, ending 10/08)
The Arkansas River Inn and Suites is a very well maintained 67 unit, two story, full service motel that consistently receives high quality inspection scores.  It is located just minutes from the famous Royal Gorge Bridge and Canyon, which attracts more than half a million visitors annually.  Great river rafting, hiking, sightseeing, fishing and other numerous activities and adventures abound in the area.  The motel’s membership affiliation, great curb appeal, well-trained and friendly staff, and amenities attract guests and keep them coming back. 

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Property

  Best Western Turquoise Inn and Suites
Location
  Cortez, Colorado
Number of Units
  77 Units

Sales Price

  $ 6,100,000

Room Revenue

 

1,937,070
Year End, 2008

NOI

  673,131

Best Western Turquoise Inn & Suites, Cortez, Colorado - 77 guest units.

Offering many of the comforts of home in a vacation setting, the hotel is located near the area's finest shopping, parks and golf. Nestled between some of our nation's most spectacular parks and monuments, this pet-friendly, AAA-rated hotel offers guests an indoor jet pool and outdoor heated pool, as well as complimentary deluxe continental breakfast.

The hotel's guest rooms are beautifully and tastefully decorated to reflect the area's unique southwestern heritage. Guests can choose from rooms with king or queen-sized beds, two-room suites with views of the hotel's waterfall and courtyard, or suites with a jet-tub or fireplace. All rooms include high-speed wireless internet access and cable satellite television with HBO®.

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Property

  Super 8

Location

  Aurora, Colorado

Number of Units

  144

Sales Price

  $4,125,000

Room Revenue

   

NOI

   

144 rooms plus a 2-bedroom manager's apartment designed in one 2-story irregular shaped building consisting of five interconnected wings. The building is contructed of wood frame//stucco with exterior corridors and stairwells. The building exterior is complimented by a large outdoor pool and ample surface parking around the perimeter suitable for trucks and RV's. Other features include a 600 square foot lobby/breakfast area, vending and storage rooms.

Rooms are nicely appointed and tastefully decorated with light oak case goods and soft goods in mauve/pastel tones. All rooms include cable TV, electronic locks and free high speed internet. All guest baths include full tub/shower combinations. Rooom mix includes 96 single queen rooms measuring 264 square feet and 48 double queen rooms measuring 288 square feet.

Outdoor swimming pool, cable TV, high speed internet, safe deposit boxes and continental breakfast

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