480-567-6853
948 Platte River Blvd, Brighton, CO for Sale
Hospitality - FOR SALE
1/11
null | Request Cap Rate

948 Platte River Blvd
Brighton, CO 80601


HIGHLIGHTS

  • 9 Year-Old Fairfield only doing 90% RPI
  • STR comp set average 4.2% RevPAR growth last 2 years
  • 9.5% Stabilized Cap Rate
  • Significant management upside with routine expense reduction
  • Stabilized EBITDA of $1.1MM.
  • Opened 2017, Gen 4 prototype, minimal soft goods PIP

OVERVIEW

- Proximity to Denver International Airport (approximately 20 minutes) - Immediate access to I-76 with connectivity to I-25 and the greater Denver metro - High visibility and access along U.S. Highway 85 (estimated 30,000 vehicles per day) - Located in the growing Brighton submarket within the Northeast Denver corridor - Strong population growth in Brighton (~8–12% since 2020, with continued 2.0% annual growth projected) - Proximity to Platte Valley Medical Center and surrounding commercial nodes Please visit: https://www.tammenhospitality.com/exclusive-listings?propertyId=fairifieldbrighton to view Virtual Tour & Due Diligence

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

78

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairfield Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2017

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

Commercial

APN/PARCEL ID

1571-13-1-02-002

ASK ABOUT THIS PROPERTY

Josh TammenTammen Hospitality PartnersMore Info
480-567-6853

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Josh TammenTammen Hospitality PartnersMore Info
480-567-6853

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.