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 |
Location | Hwy 85, near Colorado Parkway |
Property Description | Limited Service |
Number of Rooms | 45 |
Major Source of Business | Agricultural/Farming, Manufacturing & Tourism |
Site Size | +/- 3 Acres |
Year Built |
2015 |
Common Area Amenities | Breakfast Area, Bar, Business Center, Guest Laundry, Meeting Space & Fitness Center |