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Wingate by Wyndham Greenwood Village/Denver T 8000 E Peakview Ave 86 Room Hotel Greenwood Village, CO 80111 $9,683,660 CAD ($112,601 CAD/Room)
INVESTMENT HIGHLIGHTS
- High quality select service hotel with versatile construction layout. There are 17 oversize suites
- Franchise expiring so there are rebranding opportunities with Hyatt Select, Best Western, IHG and Choice. Key money from Hyatt, BW, and Choice
- Full amenities including indoor pool, jacuzzi, exercise room, guest laundry, 3,000 SF meeting space
- Excellent location across the street from Fiddler's Green Amphitheatre
EXECUTIVE SUMMARY
The Wingate hotel is a quality select service hotel located in a prime suburban location, a stone's throw from the Fiddler's Green amphitheatre in the Denver Tech Center area of southeast Denver. The limited-service hotel has 86 oversize rooms, with 17 suites, indoor pool and jacuzzi, oversize exercise room, sundry center, guest laundry, and large meeting rooms. The property was developed in 2004, and will need updating. The hotel has strong upside through renovation and rebranding opportunities.
DATA ROOM Click Here to Access
- Operating and Financials
- Third Party Reports
- Miscellaneous
PROPERTY FACTS
| Price | $9,683,660 CAD | Building Size | 59,849 SF |
| Price Per Room | $112,601 CAD | No. Rooms | 86 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2004 |
| Property Subtype | Hotel | Parking Ratio | 1.84/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.72 AC | ||
| Zoning | MC - Multifamily | ||
| Price | $9,683,660 CAD |
| Price Per Room | $112,601 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.72 AC |
| Building Size | 59,849 SF |
| No. Rooms | 86 |
| No. Stories | 3 |
| Year Built | 2004 |
| Parking Ratio | 1.84/1,000 SF |
| Corridor | Interior |
| Zoning | MC - Multifamily |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 17 | $188.14 CAD | - |
| Guest Room | 69 | $182.61 CAD | - |
PROPERTY TAXES
| Parcel Number | 2075-21-3-32-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,910,133 CAD |
PROPERTY TAXES
Parcel Number
2075-21-3-32-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,910,133 CAD
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Wingate by Wyndham Greenwood Village/Denver T | 8000 E Peakview Ave
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