Property Overview

The Cobblestone Inn & Suites in Eaton, Colorado is located between Denver and Cheyenne, WY; in one of the country’s most desirable markets. The hotel contains 45 guest rooms, a free hot buffet breakfast, bar, fitness and business center and meeting room space. Currently operating with third-party management company, the property has significant upside for a new owner. The hotel has great historical performance, with increasing revenues and is listed at nearly a 20% cash on cash return and over 10% cap rate.

Property Highlights

Asking Price$3,400,000
LocationHwy 85, near Colorado Parkway
Property DescriptionLimited Service
Number of Rooms45
Major Source of BusinessAgricultural/Farming, Manufacturing & Tourism
Site Size+/- 3 Acres
Year Built 2015
Common Area AmenitiesBreakfast Area, Bar, Business Center, Guest Laundry, Meeting Space & Fitness Center