- Select-Service Hotel with Midscale Brand Affiliation: A 68-room Quality Inn operating under the Choice Hotels platform that features a fitness center, business center, meeting space, breakfast area, and guest laundry.
- Recent and Ongoing Renovation with Revenue Upside: Full renovation through 2026 with select room upgrades, plus 14 offline guestrooms pending furniture installation, offering immediate occupancy and revenue growth potential.
- Strategic Boulder–Denver Corridor Location: Positioned along U.S. Route 36 with direct access to Boulder and downtown Denver.
- Strong Demand Drivers: Approximately seven miles from the University of Colorado Boulder and close to AdventHealth Avista Hospital supporting year-round visitation.
- Leisure and Outdoor Appeal: Surrounded by nearby restaurants, shopping, and service amenities with proximity to the Rocky Mountains and regional recreation areas, attracting consistent leisure travel.
- Climbing Submarket RevPAR: As of December 2025, the 12-month average RevPAR in the Boulder & Longmont Hotel Submarket increased by over 2.9 percent, indicating robust growth and a lower-risk environment, boosting investor confidence in the asset and thriving market.
- Room Revenue Upside Potential: With a RevPAR Index of 97 percent, the hotel presents untapped potential. Leveraging strategic revenue management and targeted marketing initiatives could increase room revenue to $1.2–$1.4 million, unlocking significant upside and delivering stronger returns for investors.
- Fee Simple Acquisition: The hotel provides full ownership and operational control, enabling independent financing and management. This structure typically supports long-term property appreciation, making it a compelling investment opportunity.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Quality Inn Louisville Boulder (‘Hotel’ or ‘Property’) located at 1196 W Dillon Road in Louisville, Colorado. The midscale Choice Hotels-affiliated Hotel is offered at $4,800,000 or $70,588 per key.
Situated on approximately 2.18 acres, the Property features 68 guest rooms across two stories. Originally constructed in 1995, the Hotel is undergoing a full renovation scheduled for completion in 2026, with refreshed case goods throughout. Additionally, 14 rooms are temporarily down pending final furniture installation, presenting an immediate opportunity to increase revenue upon stabilization. The Property offers a variety of amenities that cater to both business and leisure travelers, including a fitness center, business center, breakfast area, laundry facility, and approximately 506 square feet of meeting space.
The Property benefits from a strategic location along U.S. Route 36, providing direct connectivity between Boulder and Denver. Its proximity to both downtown Denver and the Rocky Mountains also allow the Hotel to capture a balanced mix of corporate, transient, and leisure travelers seeking access to outdoor recreation and metropolitan amenities. The Hotel is positioned approximately seven miles from the University of Colorado Boulder, a major driver for academic, athletic, and event related lodging demand. Located two miles from AdventHealth Avista Hospital, the Hotel benefits from year-round demand from patients, families, visiting medical professionals, and researchers. Additional nearby demand generators include Gerald Stazio Softball Fields, and surrounding corporate offices in Louisville, Superior, and Lafayette. The Property is also within walking distance to various retail, dining, and service-oriented businesses, enhancing convenience for guests.
The upcoming relocation of the Sundance Film Festival to Boulder beginning in 2027 represents a significant long-term demand driver for the local hospitality market. As one of the most prominent independent film festivals in the world, Sundance is expected to attract thousands of filmmakers, industry professionals, and visitors annually, generating substantial incremental lodging demand across Boulder and surrounding communities, including Louisville. The festival’s planned footprint throughout downtown Boulder, Pearl Street Mall, and the University of Colorado Boulder campus will further solidify the area as a premier cultural destination, driving consistent seasonal occupancy and rate growth. Combined with Boulder’s established arts scene and scenic Rocky Mountain backdrop, this high-profile event is anticipated to enhance the region’s national visibility and tourism appeal, creating a meaningful opportunity for nearby hotels to capture increased transient and group demand.
Louisville, Colorado, is a highly desirable community located within the Boulder metropolitan area and part of the greater Denver-Aurora-Lakewood MSA, one of the fastest-growing regions in the United States. The area benefits from a strong and diverse economy driven by technology, education, healthcare, and professional services, anchored by major institutions such as the University of Colorado Boulder and a growing base of corporate employers. The region is also known for its high quality of life, access to outdoor recreation, and proximity to the Rocky Mountains, which attract both residents and visitors year-round. With continued population growth, strong employment fundamentals, and limited hotel supply in key submarkets, Louisville and the surrounding Boulder corridor provide a stable and attractive environment for hospitality investment.
BROKER OF RECORD
Adam Lewis
Colorado
P: (303) 328-2000
Lic #: ER.100091205
Firm Lic #: EC. 100048709
