Overview
HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 64-room Hampton Inn Cañon City (“Hotel” or “Property”), situated at 102 McCormick Pkwy, Cañon City, CO 81212.
The offering presents investors with the opportunity to acquire a well-located, 64-key limited-service hotel in Cañon City, Colorado. Positioned along U.S. Highway 50, the Property benefits from excellent accessibility and visibility along one of southern Colorado’s most traveled scenic corridors. Highway 50 serves as a gateway for travelers visiting regional destinations such as the Royal Gorge Bridge and Park, Arkansas River rafting areas, and numerous national and state parks that attract both leisure tourists and outdoor enthusiasts year-round. Cañon City continues to see steady economic activity supported by tourism, government, education, and corrections-related employment. Additional area demand is driven by local businesses, regional visitors, and travelers exploring the historic downtown district and Royal Gorge Route Railroad. This investment offers significant value-add potential through rebranding or conversion to a new franchise or independent concept. The Property provides the flexibility to reposition the asset and capture additional market share through renovations, refreshed management, and an updated operational strategy. The Hotel is offered below replacement cost and unencumbered by management, providing investors the freedom to select a preferred operator or manage independently.
Investment Highlights
Strategic Location Along U.S. Highway 50
Ideally positioned with direct access to U.S. Highway 50, a well-traveled corridor connecting several of Colorado’s premier scenic and drive-tourism destinations.
Value-Add Opportunity Through Conversion
The Property presents an excellent opportunity for a conversion to a new franchise or independent concept, allowing future ownership to reposition the asset and better align with market demand.
Upside Through Renovation and Operational Efficiencies
Future ownership can unlock significant performance upside through targeted renovations, refreshed management, and repositioning strategies.
Offered Below Replacement Cost
The property is being offered at a price below current replacement cost, providing an investor with an attractive entry point in the market. With construction costs rising nationwide due to higher labor and material expenses, developing a comparable hotel today would require a significantly greater investment than the asking price of this asset.
Offered Unencumbered by Management
The Hotel is being offered unencumbered by a management agreement. An investor possesses the opportunity to bring in a new management company or to act as an owner/operator.
Fee Simple Interest
The Property will be offered as fee simple.
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