PROPERTY OVERVIEW

Excellent Location Near Corporate Offices The Hilton Garden Inn Fort Collins is strategically located near several key businesses and educational institutions. The hotel is just half a mile from Intel’s design center, which houses 350 employees on a 30-acre, 203,000-square-foot campus. A mile away, Hewlett Packard’s global headquarters for Z by HP workstations and VR employs 1,100 people within an 800,000-square-foot facility. Also within a mile are significant healthcare centers: UCHealth Harmony Campus, comprising four buildings with approximately 300,000 square feet, offers physician offices, outpatient services, a cancer center, and corporate offices. Nearby, Banner Fort Collins Medical Center, a 300,000-square-foot hospital equipped with TeleAcute Care, provides 30 beds for patient care. The hotel is also conveniently located 7 miles from Colorado State University, one of the nation’s leading research institutions. CSU spans 4,773 acres across 5 main campuses, serves 33,400 students, employs 16,000 staff, and has a $2.9 billion economic impact. Additionally, the Northern Colorado Regional Airport, situated 7.5 miles away, handles 100,000 flight operations annually. The Hach Global Headquarters, located 7.5 miles from the hotel, is a significant player in the analytical instruments industry. This facility, which includes research and development laboratories, instrument manufacturing, and the Hach Technical Training Center, employs 1,000 people and generates $1.5 billion in global revenue. The Blue FCU Arena, MAC Equipment Indoor Arena, and First National Bank Building, all within 8 miles, offer multi-purpose arenas with a combined seating capacity of 15,900.

Recently Renovated Aside With Ramping Upside The Hilton Garden Inn Fort Collins recently received a comprehensive $4.6 million (~$38,500/key) renovation that was completed in 2023. While renovations impacted hotel operations in 2022 and 2023, a new owner will have the opportunity to capitalize on post-renovation growth. The improved product offering, combined with the continued market growth expectations will result in RevPAR and NOI levels well exceeding in-place metrics. 

Significant Operational Upside The Hilton Garden Inn Fort Collins is currently institutionally managed, presenting the Buyer with an opportunity to implement a revamped management strategy. With a more localized management approach, new ownership will be able to improve efficiency and lower costs compared to larger institutional management companies.

Institutional Hilton Branded Asset Hilton’s Hilton Garden Inn brand is one of the strongest brands in the Hilton family. Premium branded assets have distinct competitive advantages compared to the rest of the market due to their large rewards and reservation systems as well as name recognition. All Hilton properties are backed by the Hilton Honors reward program which boasts over 190 million members across 18 brands and more than 7,600 hotels worldwide.