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Best Western Plus Denver West/Golden 15059 W Colfax Ave 155 Room Hotel Lakewood, CO 80401 For Sale
INVESTMENT HIGHLIGHTS
- Exceptional location with high visibility & immediate access from I-70
- All new FF&E as of 2021
- Five miles from iconic Red Rocks Park and Amphitheatre
- $2.6M PIP recently completed (2022)
- Across from popular Colorado Mills Mall
- Extensive amenities include a continental breakfast lounge, business center, fitness center, indoor spa, outdoor pool & patio, guest laundry & meeting
EXECUTIVE SUMMARY
Hilco Global's real estate group announces a bid deadline of December 3 by 5:00 p.m. (MT) for the Best Western Plus Denver West/Golden located in the foothills of the Rocky Mountains. On-site inspections will be held on November 18 and December 2 by appointment only.
This two-building, three-story property offers unparalleled exposure to both east and westbound I-70 traffic, a critical advantage for guest capture. Originally constructed in 1981, the hotel has undergone considerable renovations completed between 2015 and 2022.
This location benefits from numerous nearby demand drivers and delivers the convenience of the Denver metro area while providing a quick escape to mountain trails, skiing and world-famous venues.
Bankruptcy Sale: U.S. Bankruptcy Court District of Colorado (Denver) Petition #: 25-15542-JGR.
This two-building, three-story property offers unparalleled exposure to both east and westbound I-70 traffic, a critical advantage for guest capture. Originally constructed in 1981, the hotel has undergone considerable renovations completed between 2015 and 2022.
This location benefits from numerous nearby demand drivers and delivers the convenience of the Denver metro area while providing a quick escape to mountain trails, skiing and world-famous venues.
Bankruptcy Sale: U.S. Bankruptcy Court District of Colorado (Denver) Petition #: 25-15542-JGR.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 155 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1980/2021 |
| Building Class | B | Parking Ratio | 2.57/1,000 SF |
| Lot Size | 3.05 AC | Corridor | Interior |
| Building Size | 73,838 SF | Opportunity Zone |
Yes
|
| Zoning | P-D | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.05 AC |
| Building Size | 73,838 SF |
| No. Rooms | 155 |
| No. Stories | 3 |
| Year Built/Renovated | 1980/2021 |
| Parking Ratio | 2.57/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | P-D |
AMENITIES
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 25 | $270.81 CAD | - |
| Guest Room | 130 | $235.91 CAD | - |
PROPERTY TAXES
| Parcel Number | 40-014-01-001 | Improvements Assessment | $3,350,199 CAD |
| Land Assessment | $1,220,612 CAD | Total Assessment | $4,570,811 CAD |
PROPERTY TAXES
Parcel Number
40-014-01-001
Land Assessment
$1,220,612 CAD
Improvements Assessment
$3,350,199 CAD
Total Assessment
$4,570,811 CAD
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Best Western Plus Denver West/Golden | 15059 W Colfax Ave
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