- +12 images
Wingate by Wyndham and Hawthorn Suites by Wyndham for Sale in Colorado - Availability Details
Wingate by Wyndham and Hawthorn Suites by Wyndham 5360 Ronald Reagan Blvd , Johnstown, CO 80534
- For Sale Contact for pricing
- Property Type Other
- Property Size 100,000 Sqft
- Lot Size 2.9 Sqft
- Year Built 2016
- Year Renovated 2019
- Date Updated Dec 01, 2021
Opportunity to acquire the fee simple interest in the dual-branded, 75-room Wingate by Wyndham and 37-room Hawthorn Suites by Wyndham hotel in greater Loveland, Colorado. The property is situated on ±2.9 acres at 5360 Ronald Reagan Boulevard in Johnstown.
The hotel is highly visible from Interstate 25, being advantageously located within the growing Johnstown Plaza, replete with shops, restaurants and entertainment options that are popular with travelers.
Click here to sign the confidentiality agreement and request the offering memorandum.
The Wingate by Wyndham opened in 2016, operating as a 75-room limited-service hotel until 2019 when the 37-room extended-stay Hawthorn Suites by Wyndham addition was constructed on excess land. The Hawthorn Suites is physically connected to the Wingate, providing guests a seamless experience within the phased building.
Guests enter the dual-brand hotel through automatic doors under the porte cochere, where the existing Wingate lobby, check-in desk, and breakfast dining area serve guests staying in both the Wingate and Hawthorn Suites portions of the hotel.
As the Loveland area continues to recover from the pandemic, the Wingate and Hawthorn Suites are well positioned to compete within the submarket. The extended-stay segment has performed well nationally throughout the pandemic, allowing a new buyer to boost gross revenue through a revenue management strategy that leverages the popularity of the hotel’s extended stay rooms to assert greater pricing power in the market.
Additionally, the Hawthorn Suites portion of the hotel allows a new owner to extend the hotel’s average length of stay, lowering operational costs, and increasing overall profits.
View additional virtual tours in the documents section below.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
- City Johnstown, CO
- Neighborhood Johnstown
- Zip Code 80534
- Market Denver
Frequently Asked Questions
What year was Wingate by Wyndham and Hawthorn Suites by Wyndham for Sale in Colorado built and finished?
Wingate by Wyndham and Hawthorn Suites by Wyndham for Sale in Colorado was completed in 2016.