1) METRO DENVER - IHG flagged full service hotel with 99 rooms built in 2017. $3.6 million revenues for 2024. Minimal PIP. $13.2 million. Please submit proof of funds with offer.
3) FRONT RANGE SOUTH - Best Western hotel with 59 units. Property includes fast food franchise restaurant. Trailing 12 month hotel revenue = $1.8 million. Trailing 12 month restaurant revenue = $1.5 million. Price Guidance = $8,900,000 total. (Can be sold separately at $6.4million for hotel and $2.5 million for restaurant.
2) NE DENVER METRO - 52 unit Choice flagged hotel built in 1996. Annual revenues of $1.1 million. Upside by re-flag to Wingate or Baymont hotel with up to $6,000/room key money. $4.5 million.
4) DENVER MARKET - IHG flagged all-suite hotel built in 2022 with 96 rooms. 2024 revenues of $4.0 million. Still in ramp-up. $21,000,000.
5) NE DENVER. Price Guidance = $1,450,000.
Land of 2.3 acres approved for dual flag Wyndham hotel.
6) SOUTHERN COLORADO. Price Guidance = $6,500,000.
52 unit Choice franchise hotel available in Southern Colorado. Built in 2003. Very clean with minimal PIP. Cap rate of 15%. 2023 revenue = $1,600,000.