PROPERTY OVERVIEW
Hunter Hotel Advisors has been exclusively retained relating to the solicitation of offers to acquire the fee simple interest in the 128-room Staybridge Suites Denver Tech Center located at 7150 S Clinton St, Centennial, Colorado (the “Hotel”, “Asset” or “Property”). The offering represents an extraordinary opportunity to acquire a fee-simple, non-union, extended stay hotel in Denver Tech Center at a significant discount to replacement cost.
- The 128-key Staybridge Suites Denver Tech Center is positioned in the Denver Tech Center submarket with major corporate demand generators such as Meta, Amazon, Arrow Electronics, Oracle, Zillow, Google, and Slack.
- The deal offers significant operational upside for a local/regional owner/operator.
- The property underwent a $1.1MM in renovation in 2020, requiring minimal PIP upon sale.
- The hotel is being offered at a meaningful discount to replacement cost and unencumbered of debt and management.
7150 S Clinton St, Centennial, CO 80112, US