3301 Youngfield Service Rd - Hospitality FOR SALE
Golden, CO 80401 |
3301 Youngfield Service Rd
Golden, CO 80401
HIGHLIGHTS
- Corporate-Owned La Quinta Inn - Opportunity to acquire a corporate owned, 129-room, three-story, La Quinta Inn that sits on 2.67 acres of land
- Strong Revenue Recovery- The Hotel has demonstrated strong revenue recovery from the pandemic, with its performance as of June 2023 TTM exceeding 2019
- PIP Cap - Per Wyndham Franchise Agreement, there is a favorable PIP cap in place, transferable to the buyer. Following a 6 yr PIP holiday
- Management Upside - The La Quinta will be delivered unencumbered of management
- Close to Colorado School of Mines - The property is less than 5 miles from the Colorado School of Mines
- Diverse Demand Drivers/Strong Market - The hotel’s location offers strategic proximity to a variety of the area’s major demand generators
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
La Quinta Inn by Wyndham Denver Golden
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
52479
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
B
YEAR BUILT
1985
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C-1
APN/PARCEL ID
39-292-16-002
