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America's Best Value Inn
Hotel for Sale - Price Reduced
Grand Junction, Colorado
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Property Description
| The Americas Best Value Inn in Grand Junction, Colorado was formerly the BW Horizon Inn and built in 1978. Grand Junction, Colorado is located halfway between Denver, Colorado and Salt Lake City, Utah. |
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| The property was originally built as 102-units. Over the years two units were committed to utility, storage, and workshop uses. One was converted in a lobby expansion and another became a guest coin-operated laundry. Two guest rooms have been retrofitted as handicap-assist rooms. |
The Americas Best Value Inn was renovated in 1998 and is an exterior corridor property with an indoor seasonal pool. The property sits on approximately 1.78 acres of fee simple land and approximately 0.71 acre vacant parcel is presently being used for oversize vehicle parking. |
| Room Amenities: Coffee/tea maker/refrigerator/microwave/ hairdryer/iron and ironing board. |
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Financial Summary
| Price Reduced |
$4,500,000 $2,900,000 |
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| Number of Units |
98 |
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| Price per Room |
$29,592 |
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| 12 Months Ending |
6/2010 |
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| Room Revenue |
$745,204 |
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| Occupancy |
33.2% |
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| Average Daily Rate |
$60.67 |
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