Listed by Pinnacle Real Estate Advisors
$4,200,000
Baymont by Wyndham
Details
Property Type Hospitality
Sub Type Hotel
Square Footage 63,075
Keys 100
Cap Rate 10.43%
Tenancy Single
Price per SqFt $67
Year Built 1968
Year Renovated 2015
Buildings 1
Stories 3
Acreage 4.145
Parking Spaces spaces
Hospitality | 10.43% CAP | 100 Keys
Marketing description
The Baymont by Wyndham Fort Morgan is a 3-star hotel offering 100 rooms, including amenities such as a fitness center, shared lounge, terrace, and free Wi-Fi throughout the property.
The Baymont by Wyndham Fort Morgan presents a compelling investment opportunity due to its established brand affiliation, comprehensive amenities, and strategic location near major highways and industrial businesses. The property's spacious facilities and proximity to local attractions enhance its appeal to a diverse clientele, including business and leisure travelers. Given the area's economic stability and growth potential, this hotel is well-positioned for sustained occupancy and revenue generation.
Investment highlights
- 2025 Room Revenue: $1,438,554
- GRM: 2.92
- NOI: 10.43%
- Established Brand Affiliation: Operates under the Baymont by Wyndham brand, benefiting from strong brand recognition and loyalty programs.
- Spacious Facility: The property encompasses 64,526 square feet, providing ample space for guest accommodations and potential event hosting.
- Comprehensive Room Amenities: Each room is equipped with air conditioning, flat-screen TVs with cable channels, refrigerators, coffee machines, and work desks, catering to both leisure and business travelers.
- On-Site Dining Options: Features a snack bar and offers a complimentary buffet breakfast, enhancing guest convenience and satisfaction.
- Business Facilities: Provides a business center and meeting rooms, accommodating corporate events and business travelers.
- Pet-Friendly Policy: Allows pets (dogs only, up to 75 lbs), appealing to guests traveling with pets.
Listing Contacts
Listed by Pinnacle Real Estate Advisors
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