Hotel-Motel

Days Inn Denver Downtown

930 E Colfax Ave, Denver, CO 80218

Listing Price: $7,100,000

Cap Rate
6.22%
Number of Rooms
56
RevPAR
$51
Gross SF
18,500
Price/Room
$126,786
RRM
5.09
Price/Gross SF
$383.78
Year Built
1960

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Days Inn Denver Downtown, a five-story, 56-room hotel located in downtown Denver, minutes to the Colorado State Capitol and several other attractions. Amenities include a meeting room, complimentary breakfast buffet and vending machines. Each room is equipped with a flat screen television, coffee maker and a separate sitting area. The Days Inn Denver Downtown also benefits from a strong, growing economy and a highly educated workforce in the area.

The Days Inn Denver Downtown represents the opportunity to acquire a branded hotel in the desirable Denver metropolitan area. Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth.

Investment Highlights

  • 2 Miles to The University of Colorado Denver | 15k+ Enrollment
  • 2 Miles to St. Joseph Hospital, Denver Health and Children's Hospital Colorado
  • Surrounded by the Denver Market's Major Employers
  • Excellent Frontage Along Colfax Avenue, Denver's Main Thoroughfare (21k VPD)
  • Short Drive to State Capitol, Botanic Gardens, Larimer Square, Denver Zoo and More
  • Demand from Nearby Coors Field (MLB: CO Rockies) and Empower Field (NFL: DEN Broncos)

Exclusively Listed By

Broker of Record

  • Skyler Cooper

    Regional Manager

    License(s): CO: FA.100080019

    Colorado

Hotel-Motel

Days Inn Denver Downtown

Listing Price: $7,100,000

Cap Rate
6.22%
Number of Rooms
56
RevPAR
$51
Gross SF
18,500
Price/Room
$126,786
RRM
5.09
Price/Gross SF
$383.78
Year Built
1960

Investment Highlights

  • 2 Miles to The University of Colorado Denver | 15k+ Enrollment
  • 2 Miles to St. Joseph Hospital, Denver Health and Children's Hospital Colorado
  • Surrounded by the Denver Market's Major Employers
  • Excellent Frontage Along Colfax Avenue, Denver's Main Thoroughfare (21k VPD)
  • Short Drive to State Capitol, Botanic Gardens, Larimer Square, Denver Zoo and More
  • Demand from Nearby Coors Field (MLB: CO Rockies) and Empower Field (NFL: DEN Broncos)

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Days Inn Denver Downtown, a five-story, 56-room hotel located in downtown Denver, minutes to the Colorado State Capitol and several other attractions. Amenities include a meeting room, complimentary breakfast buffet and vending machines. Each room is equipped with a flat screen television, coffee maker and a separate sitting area. The Days Inn Denver Downtown also benefits from a strong, growing economy and a highly educated workforce in the area.

The Days Inn Denver Downtown represents the opportunity to acquire a branded hotel in the desirable Denver metropolitan area. Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth.

Exclusively Listed By

Broker of Record

  • Skyler Cooper

    Regional Manager

    License(s): CO: FA.100080019

    Colorado

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