Overview
As the newest hospitality asset on the exit, this hotel is an inviting place for travelers to stay, as proven by the hotel’s performance against other hotels in the area. The revenue produced by the hotel allows the investor the ability to either hire 3rd party management or self-manage the asset. As the property has stabilized financials, future revenue is more predictable than other investment opportunities.
Investment Highlights
The Holiday Inn Express & Suites Firestone – Longmont provides an investor with the opportunity to purchase a hotel below replacement cost directly off the I-25 in a growing MSA, between Denver and Fort Collins, that consistently outperforms its comp set. With quick access to Boulder, Denver, and Fort Collins, this hotel is a perfect place to stay for travelers looking to experience many different parts of the beautiful state of Colorado. The Holiday Inn Express & Suites Firestone – Longmont is a new build asset being sold by the original developer of the property and comes with a minimal transfer PIP.
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