About budget host inns

LOCATION! LOCATION! LOCATION!  - This investment is an opportunity with an exponential growth possibility.​  Are you the right entrepreneur with vision - then this property needs to be in your portfolio.​  Keep it a Budget Inn or go independent.​  The property location along I-25 and next to the Johnson's Corner Truck Stop is a prime location.​ Opportunity for a focused operator/investor to improve hotel performance with operational strategies of the hotel, implementing hands on expense management initiatives and employing more aggressive revenue and sales strategies.​ Closet competitive market hotel is the Travelodge 8.8 miles from Johnstown.​​

Property Highlights

THE OFFERING

  •  PRIME LOCATION - Exit 254 off I-25  - approximately 40k traffic count
  • ​Great Visibility
  • ​Ample parking (newly paved and striped)
  • ​42 units comprising of:  30 units in main building (13 doubles, 11 Kings, 3 Queens, 3 Full Size) PLUS duplex (2 Keys), modulars (8 Keys) and trailer units (2 keys)
  • ​All rooms have modern conveniences (Hi Speed Wifi, Flat screen Tv's etc)
  • ​Playground, picnic area
  • ​Walking distance to famous Johnson's Corner Restaurant, Bakery, Convenient Store, Truck Stop and Gas Station 
  • ​10 minutes to The Ranch - Larimer County Fairgrounds, Budweiser Event Center and 40 minutes to Rocky Mtn Nat'l Park

local insights

 

Price

Sale

Type

Prop. Type

2020 Rev.

2020 ADR

2020 RevPAR

2020 Occup.

Lot Size

Bldg Size

No. Rms

No. Stories

Year Built

Rnovated

Corridor

Zoning

APN/Parcel ID

$2,800,000

Investment

Hospitality

Motel

$261,506 +/-

$ +/-

$ +/-

% +/-

1.99 AC +/-

Multiple

42

2

1962

1992

Exterior

Commercial

R0511633

Interested in this property!?

Price 

Sale

Type

Prop. Type

Lot Size

Bldg Size

No. Rooms

No. Stories

Year Built

Renovated

                   

$2,800,000

Investment

Hospitality

Motel

1.99 AC +/-

Multiple

42

2

1962

1992               

Corridor

Zoning Type

APN/Parcel ID

2020 ADR

2020 RevPar

2020 Occup.

Gross Revenue:

              2020

             2019

             2018

         

              

Exterior

Commercial

R0511633

$ +/-

$ +/-

% +/-

 

$261,506 +/-

$618,275 +/- 

$558,138 +/-

 

BUDGET HOST INN - JOHNSTOWN CO

Budget Host Inn

2716 SE Frontage Rd, Johnstown, CO