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33494266
33494331

2930 Main Ave, Durango, CO 81301

HD
AZ AZ SA704786000
Matthews
SA
AZ BR663663000
Matthews
Listed by Matthews
$5,550,000
16 days on market
Updated 2 days ago

Quality Inn

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 17,691
Keys 48
Cap Rate 8.80%
Tenancy Single
Year Built 1983
Stories 2
Acreage 0.720
Investment Type Stabilized

Hospitality | 8.80% CAP | 48 Keys

Investment highlights

Diverse Durango Demand Generators

Durango pulls demand from the Narrow Gauge Railroad, Mesa Verde, Fort Lewis College, the Animas River corridor, and its historic downtown, supported by $441M in annual visitor spending that fuels consistent lodging demand.

Ideal Owner Operator Opportunity

Includes a renovated 1 bedroom / 1 bathroom living quarters, allowing an owner operator to live on site and streamline operations.

Strong Trailing 12 Performance

Recent T-12 revenue reflects healthy topline performance, with Durango holding strong despite broader softness across much of Colorado’s hotel market, demonstrating the asset’s resilience and demand depth.

Purgatory Resort Year Round Impact

Purgatory Resort drives significant winter ski traffic and strong summer visitation through mountain biking, events, and outdoor recreation, creating reliable seasonal compression and broadening the market’s year round demand base.

Upcoming Choice Repositioning Window

Approaching Choice’s conversion window offers lower liquidated damages and strong brand conversion economics, while also creating an upscale boutique repositioning opportunity to capture higher ADR and more affluent travelers.

Regional Gateway Location

The market also benefits from major events, key employers, and its role as a gateway to the San Juan Mountains, Telluride, Ouray, and the Four Corners region.

Listing Contacts

HD
AZ AZ SA704786000
Matthews
SA
AZ BR663663000
Matthews
Listed by Matthews

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Zoning

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MU-A MixedMixed UseMixed Use Arterial Corridor
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brayden Conner
License
ER.100106933, EC.100099522 (CO)
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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