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Ramada Inn— CO - Pueblo

Property DescriptionOffering MemorandumDue Diligence
Main image Property Sold
Located: Pueblo , Colorado
Offering Price: $2,495,000.00
Net Operating Income: $0.00
Financing: WITH SELLER SHORT TERM FINANCING O.A.C.
Room Revenue: $957,921.00
Renovated: 2014
Number of Units: 110
Land Area: 3.08+/- acres
Built: 1986


Summary

Swoboda Hospitality Specialists, has been retained as sole and exclusive agent for PHL Servicing, L.L.C. (the “Seller). This 110 room Ramada hotel. is conveniently located directly off the Interstate 25 and features newly renovated exterior to enhance its curb appeal to highway travelers. Adjacent to several national chain restaurants an close to local demand generators including the Pueblo Campus of Colorado State University, Pueblo Weisbrod Aircraft Museum, The Nature and Raptor Center of Pueblo and the Pueblo Zoo. This lender owned Ramada Hotel offers hoteliers the opportunity to purchase a very nice asset at about 1/3rd of its replacement cost. There is strong upside available to a new owner/operator.

Highlights

  • Location • Location • Location
  • Great Upside For New Owner/Operator Occupancy 15% and A.D.R. 28% Below Str Report Competitive Set
  • Situated among major thoroughfrare
  • Built in 1986
  • Renovations in 2014
  • National Historic Landmark
  • 2014 Rm. Rev. $957,921 – Up 25%

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Licensed in:

Arizona - LC554451000

California - 01522610

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