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6290 N Tower Dr, Denver, CO 10101 W 48th Ave, Wheat Ridge, CO 501 W 1st St, Glenwood Springs, CO 401 W 1st St, Glenwood Springs, CO
Colorado 4-Hotel Portfolio
Asset ClassHotel & Hospitality
HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee simple interest in a 359-room Colorado 4-Hotel Portfolio (the “Hotels”, “Assets” or “Properties”).

Overview

This offering presents a unique investment opportunity encompassing four well-positioned properties in prime locations in Denver, Glenwood Springs, and Wheat Ridge, Colorado. Colorado and its primary population centers continue to diversify economically and experience growth, reflected by a 14.8% increase in the state’s population from 2010 to 2020.

 

The Portfolio includes a Hotel situated near Denver International Airport, a key demand generator that continues to see robust passenger growth and expansion plans aimed at accommodating future increases in traffic. The Hotel’s proximity to the airport, combined with the ongoing economic development in the area — including the United Airlines Training Center and major corporate facilities like the new Pepsi plant— ensures a consistent flow of business and leisure travelers to the Hotel.

 

Additionally, the Hampton Inn and Holiday Inn Express are located in Glenwood Springs, one of Colorado’s top tourism markets with 1.3M visitors annually (Source: City of Glenwood Springs).

Glenwood Springs has long been a family-oriented tourist destination, awareness of which has been aided by the Colorado Tourism Board continuing their successful promotion of the state as a year-round tourist destination, providing the foundation for increasing revenues for the Colorado lodging industry. In conjunction with recent and current tourism infrastructure improvements in Glenwood Springs, the area is poised to continue tourism growth.

 

Overall, the Colorado 4-Hotel Portfolio represents a strategic investment in a portfolio of assets located in high-growth areas, offering potential investors a diversified risk profile and significant upside potential driven by Colorado’s strong economic outlook, the region’s increasing popularity as a travel destination, and new developments underway. With the Hotels located less than three hours away from each other, an investor is also poised to benefit from shared economies of scale.

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Investment Highlights

Strategic Portfolio Acquisition

The opportunity to acquire the 359-room Portfolio encompassing four well-positioned properties in key locations in Colorado, offering a diversified investment and risk profile.

 

Prime Locations with Strong Demand Generators

Situated near major demand generators such as Denver International Airport, The Gaylord Rockies, United Airlines Training Center, new Pepsi plant, new 144,000 SF Lutheran Hospital, and the Clear Creek development site – the Hotels benefit from consistent business and leisure travel, supported by the region’s economic development and increase in the tourism industry.

 

Diverse Market Appeal

The Portfolio serves a variety of markets, including the rapidly increasing Denver International Airport, Glenwood Springs’ thriving tourism sector, and Wheat Ridge’s growing business community.

 

Proven Market Resilience

The included markets have demonstrated resilience and growth, with Denver International Airport currently operating at record-breaking levels and ongoing expansion plans, and Glenwood Springs having the highest volume of Lodging Tax dollars on record, signaling sustained and improving demand.

 

Synergistic Operational Benefits

With the Hotels located less than three hours from each other, an investor is able to benefit from potential operational efficiencies and shared economies of scale, enhancing Portfolio performance.

 

Offered Unencumbered by Management

 

Fee simple Interest

6290 N Tower DrDenver, CO 80249

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Listing provided by Revere CRE