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Hotel-Motel

Hilton Garden Inn Denver/Thornton

14275 Lincoln St, Thornton, CO 80023

Listing Price: $21,000,000

Cap Rate
6.40%
Number of Rooms
122
RevPAR
$106
Gross SF
86,823
Price/Room
$172,131
RRM
2.90
Price/Gross SF
$241.87
Year Built
2019

Investment Overview

Marcus & Millichap has been chosen to exclusively market for the sale of the Hilton Garden Inn, located in Thornton, Colorado. This property is a 5-story, interior corridor hotel with 122 rooms, Conveniently Located directly off I-25, providing easy access for transient travelers and highway visibility which sees 70,000 VPD.

Located just off I-25, next to the Grove Town Center, The Hilton Garden Inn offers easy access to a variety of local attractions. Guests can indulge in delicious steaks and craft cocktails at the on-site Italian restaurant, and if they’re in the mood for more, The Orchards Mall and Denver Premium Outlets are less than a mile away, providing even more shopping and dining options. Downtown Denver is a quick 20-minute drive, perfect for exploring the city. For relaxation and recreation, guests can enjoy free Wi-Fi, an indoor pool, whirlpool, and a fully equipped fitness center, making it the perfect blend of comfort and convenience for both work and play.

Investment Highlights

  • 2019 Built Hilton Branded Hotel
  • Being offered well below replacement cost at $175,000 per key
  • Operational Upside
  • Direct highway access & visibility from the Interstate 25
  • Orchard Town Center & Grove Outlets within close proximity to the property provide additional business for Johnny's Italian Steakhouse
  • City of Thornton has invested $100M+ in infrastructure development for significant upcoming population growth

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Financing By

Hotel-Motel

Hilton Garden Inn Denver/Thornton

Listing Price: $21,000,000

Cap Rate
6.40%
Number of Rooms
122
RevPAR
$106
Gross SF
86,823
Price/Room
$172,131
RRM
2.90
Price/Gross SF
$241.87
Year Built
2019

Investment Highlights

  • 2019 Built Hilton Branded Hotel
  • Being offered well below replacement cost at $175,000 per key
  • Operational Upside
  • Direct highway access & visibility from the Interstate 25
  • Orchard Town Center & Grove Outlets within close proximity to the property provide additional business for Johnny's Italian Steakhouse
  • City of Thornton has invested $100M+ in infrastructure development for significant upcoming population growth

Investment Overview

Marcus & Millichap has been chosen to exclusively market for the sale of the Hilton Garden Inn, located in Thornton, Colorado. This property is a 5-story, interior corridor hotel with 122 rooms, Conveniently Located directly off I-25, providing easy access for transient travelers and highway visibility which sees 70,000 VPD. Located just off I-25, next to the Grove Town Center, The Hilton Garden Inn offers easy access to a variety of local attractions. Guests can indulge in delicious steaks and craft cocktails at the on-site Italian restaurant, and if they’re in the mood for more, The Orchards Mall and Denver Premium Outlets are less than a mile away, providing even more shopping and dining options. Downtown Denver is a quick 20-minute drive, perfect for exploring the city. For relaxation and recreation, guests can enjoy free Wi-Fi, an indoor pool, whirlpool, and a fully equipped fitness center, making it the perfect blend of comfort and convenience for both work and play.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

Financing By

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