Red Roof Inn Grand Junction, CO

Listing Agents

Hunter Johnson
T | 970.880.0621

Detailed Information
Property Highlights
  • Fee simple interest in the 100-room Red Roof Inn Grand Junction by Red Roof
  • CAP Rate of 10.59% on 2022 YE performance
  • Property is being offered for sale through a traditional marketing process at a significant discount to replacement cost
  • Available unencumbered of management and debt with ability to retain the Red Roof flag
  • Strong in-place performance and positive cash flow making the asset readily financeable
  • 5 year lease with established restaurant providing additional cash flow and also bringing in additional nightly guests
  • 7000 sq/ft warehouse space that can be leased for additional cash flow
  • Office space available for rent providing additional cash flow
  • Located at the intersection of the I70 and US 50 with excellent visibility in a high traffic location
  • Property is ideally positioned on a nearly 6 acre parcel directly on US HWY 50
  • I-70 is the second most trafficked highway in the state and is the primary access for vehicles entering the state

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