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4801 N Elizabeth St

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Address: 4801 N Elizabeth St, Pueblo, CO 81008, USA

Phoenix & Southwest + Hospitality

Created date: October 19, 2024

Date last updated: January 21, 2025

Fee simple interest in the institutionally owned and managed 101-room, interior-corridor La Quinta Inn & Suites, Pueblo, Colorado
Offered unencumbered by debt and management
Qualified franchisees can retain the La Quinta Inn & Suites flag through a new long-term licensing agreement with Wyndham
A new owner will benefit from a change of ownership PIP cap that will not exceed $5,000 per key
A purchaser can also capitalize on the significant operational upside present by transitioning the hotel from institutional control and management to a private owner-operator model
The hotel has excellent access and visibility from the I-25 corridor, with 22,000 vehicles passing its location daily
It is located within minutes of Pueblo’s top employers, such as Parkview Medical Center, Colorado State University-Pueblo, and Pueblo Community College
The hotel is convenient to other area business demand, including Vestas Wind Systems, St. Mary-Corwin Medical Center, and EVRAZ North America
Pueblo, home to Pueblo State Park, is located near the Arkansas River and the Rocky Mountains, offering abundant outdoor activities that enhance the recreational appeal and quality of life in the region
Pueblo is home to a variety of cultural and historical landmarks, such as the Pueblo Riverwalk, which runs through historic downtown, and the El Pueblo History Museum, highlighting the region’s Indigenous and frontier past
Pueblo offers a pro-business environment with incentives for growth and development, coupled with an affordable cost of living, making it an attractive market for real estate owners

Property Description

Alchemy Real Estate Advisors is pleased to offer the 101-room La Quinta Inn & Suites in Pueblo, CO, for sale. The four-story hotel at 4801 N Elizabeth Street comprises a concrete masonry unit (CMU) and precast concrete plank construction. The hotel is institutionally owned and operated. It will be sold unencumbered by management, allowing a purchaser to eliminate unnecessary corporate-related costs and improve profits immediately. The La Quinta Inn & Suites flag can be retained through a long-term relicense agreement with Wyndham Hotels. A new owner will benefit from a change of ownership PIP cap that will not exceed $5,000 per key ($505,000).

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Hospitality
No. of Units:	101
Year Built:	1997
Lot Size:	2.99 Sq ft
Opportunity Zone:	No
Property Website	Click Here