ATLANTA, Georgia—Hunter Advisors introduced the sale of the Hilton Backyard Inn Fort Collins, a Hilton-branded, select-service lodge in Fort Collins, Colorado. This transaction was led by Kami Burnette, senior vp, and Brian Embree, vp, on behalf of the institutional vendor.
The Hilton Backyard Inn Fort Collins is a 120-room lodge. Initially inbuilt 2007 and renovated in 2023, the four-story property presents an amenity bundle that features 2,800 sq. ft of assembly area, The Backyard Grille & Bar, an indoor pool, health middle, and enterprise middle. The property lately accomplished a complete renovation in 2023, positioning the lodge for continued development following completion of the upgrades.
Situated close to main company employers and demand drivers, the lodge advantages from proximity to a mixture of enterprise, healthcare, and education-based demand. Inside one mile of the property are Intel’s design middle and Hewlett-Packard’s campus. The lodge can be close to UCHealth Concord Campus and Banner Fort Collins Medical Heart, in addition to Colorado State College.
Statements From Management
“This transaction displays continued investor confidence in well-located, lately renovated property inside markets supported by robust company and college demand,” stated Kami Burnette, senior vp at Hunter Advisors. “The customer owns a number of property out there, making this acquisition a compelling alternative for long-term worth and operational upside.”
“The Hilton Backyard Inn Fort Collins stood out as a high-quality, institutionally branded asset with significant upside potential,” stated Brian Embree, vp at Hunter Advisors. “Its mixture of current renovations, robust location fundamentals, and adaptability for brand new possession made it a gorgeous alternative for traders.”
