of the 101-room Former Quality Suites, Fort Morgan, CO
on Tuesday, September 28, 2004
|Irvine, California – September, 2004 – Todd
Good, National Director of Auctions, Accelerated Marketing Group (AMG),
announced today that the Accelerated Marketing Group, has been retained
to conduct the auction of the 101-room Former Quality Suites, Fort Morgan,
CO on Tuesday, September 28, 2004.
Former Quality Suites, Fort Morgan, CO
This is an outstanding opportunity to purchase this hotel. The sale shall proceed on the basis that there is no reserve price or minimum bid price the suggested opening bid of $100,000 (or $990 per room) is the number at which the Auctioneer will start the bidding in this Absolute Sale (bids may advance or decline from this point).
This 101-room Hotel was built in 1971 with an addition built in 1981.The hotel was closed through foreclosure on April 24, 2004, the lender has ordered the sale. The improvement consists of two- and three-story brick veneer buildings with interior corridors and 175 parking spaces. Land Sq. Ft.: 211,266, Building Sq. Ft.: 64,526. Amenities: Indoor swimming pool, restaurant, bar, banquet facilities with service areas and all FF&E’s. This hotel property has served the local Morgan County community for over 30 years as the premier banquet facility and local "watering hole."
The hotel is located immediately off Interstate Highway 76 at SR 34, Exit 75, Fort Morgan, Colorado. It is about 67 miles northeast of Denver International Airport
The property will be shown by appointment only, on-site inspection dates are September 23rd and 27th from 1:00 to 3:00 p.m. Please call Patti Zeis at 949-253-4626 to schedule an appointment. Visit www.amgre.com for more information, Terms of Sale and to request a due diligence package.
All bidders will be required to: purchase a due diligence packet, show
financial ability, pre-register and present a cashier’s check for $30,000,
on the day of the auction, as initial earnest money.
For more information about this offer and the Accelerated Marketing Group please call (949) 253-4626. Accelerated Marketing Group, 2102 Business Center Drive, Suite 155, Irvine, California 92612. This offering is made in cooperation with Elk Mountain Investments, a licensed Colorado Real Estate broker.
Director of Marketing
Accelerated Marketing Group
2102 Business Center Drive, Suite 154
Irvine, CA 92612
(949) 253-4626, Ext. 190