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700 Colorado Ave
Stratton, CO 80836
Travelodge Stratton · Hospitality Property For Sale · 25,000 SF

INVESTMENT HIGHLIGHTS

  • Two-Story, 40-Room, Wyndham Hotels & Resorts-Branded Hotel Priced Well Below Replacement Cost
  • Easily Accessible from Interstate 70 and U.S. Highway 24 and Located About 148 Miles East of Denver and 132 Miles Northeast of Colorado Springs
  • YE 2022 Room Revenues Exceeded $235 Thousand
  • Value-Add Opportunity with Absentee Owner and Capital Expenditures Available for Minimal Expense such as a Banquet Hall, On-Site Restaurant,and Lounge
  • Major Capital Expenditures Completed in YE 2021
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.33 AC
Building Size 25,000 SF
No. Stories 2
Year Built 1971
Parking Ratio 1.8/1,000 SF
Corridor Exterior

AMENITIES

  • High Speed Internet Access
  • Meeting Event Space
  • Smoke-Free

ABOUT 700 COLORADO AVE , STRATTON, CO 80836

The Travelodge by Wyndham Stratton is a 40-room, two-story Hotel stationed at 700 Colorado Avenue in Stratton, Colorado, near Interstate 70. Various common area amenities at the Property include a lobby sitting area and ample parking for vehicles of all sizes. The Property also has several amenities that can be fully functional for minimal expense including an on-site restaurant, lounge, and banquet hall.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
78003002
Land Assessment
$14,174
Improvements Assessment
$26,650
Total Assessment
$40,824
  • Listing ID: 28093862

  • Date on Market: 3/29/2023

  • Last Updated:

  • Address: 700 Colorado Ave, Stratton, CO 80836

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