This Hospitality Property is no longer advertised on LoopNet.com.
3301 Youngfield Service Rd
La Quinta Inn by Wyndham Denver Golden · Hospitality Property For Sale
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52,479 SF
INVESTMENT HIGHLIGHTS
Corporate-Owned La Quinta Inn - Opportunity to acquire a corporate owned, 129-room, three-story, La Quinta Inn that sits on 2.67 acres of land
PIP Cap - Per Wyndham Franchise Agreement, there is a favorable PIP cap in place, transferable to the buyer. Following a 6 yr PIP holiday
Close to Colorado School of Mines - The property is less than 5 miles from the Colorado School of Mines
Strong Revenue Recovery- The Hotel has demonstrated strong revenue recovery from the pandemic, with its performance as of June 2023 TTM exceeding 2019
Management Upside - The La Quinta will be delivered unencumbered of management
Diverse Demand Drivers/Strong Market - The hotel’s location offers strategic proximity to a variety of the area’s major demand generators
PROPERTY FACTS
Property Type
Hospitality
Property Subtype
Hotel
Building Class
B
Lot Size
2.65 AC
Building Size
52,479 SF
No. Stories
2
Year Built/Renovated
1985/2013
Parking Ratio
2.57/1,000 SF
Corridor
Exterior
Zoning
C-1 - Commercial - Community Level/Regional Level
AMENITIES
High Speed Internet Access
PROPERTY TAXES
Parcel Number
39-292-16-002
Improvements Assessment
$1,019,110
Land Assessment
$403,162
Total Assessment
$1,422,272
