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300 S Highway 13
Craig, CO 81625

$7,500,000 USD

Hotel For Sale  •  85,796 SF

Property Details

  • Property Type Hotel
  • Total Building Size 85,796 SF
  • Lot Size 7.08 AC
  • Building Class B
  • Year Built 1981
  • Zoning R1
0 Transit Score
21 Walk Score

Highlights

Priced at 3x Revenue, 11.3% in-place cap rate
Nearby Destinations: Steamboat Springs Ski Resort, Dinosaur National Monument, Medicine Bow-Routt National Forests, Yampa River State Park
Room revenue has averaged $2.9m+ the last 4 years
$2 Billion Pumped-Hydropower Development project coming to Craig
Craig is known as the “Elk Hunting Capital of the World”
25 mi from Yampa Valley Regional Airport (HDN) – Gateway to Steamboat Springs

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Public Transportation

AirportDriveWalkDistance
Yampa Valley 26 min - 21.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 242
Type: Surface
Included in Rent: Yes
Josh Tammen 480-567-6853 Tammen Hospitality Partners
Josh Tammen 480-567-6853 Tammen Hospitality Partners