Armstrong Hotel in Old Town Fort Collins sells for $10.2M

FORT COLLINS — A group of investors in Jackson, Wyo., has paid $10.15 million for the nearly 95-year-old Armstrong Hotel in Old Town Fort Collins. Crystal Creek Capital, using the entity CCC’s Armstrong LLC, bought the 45-room, three-story hotel at 259 S. College Ave. from the Levinger Family, which used the entity New Empire Partners LLC. The Levingers had purchased the hotel in 2002 from Old Town Hotels LLC for $1.45 million, according to public…