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Best Western Premier Denver East 4411 Peoria St 202 Room Hotel Denver, CO 80239 $29,000,000 ($143,564/Room)



INVESTMENT HIGHLIGHTS
- Full-service restaurant space and meeting facilities
- Outdoor pool, fitness center, conference rooms
- Near Denver International Airport
- Extensive renovations completed 2019–2020
- Excellent I-70 visibility and Peoria Street frontage
EXECUTIVE SUMMARY
Exceptional opportunity to acquire a full-service hotel property strategically located at the I-70 & Peoria Street interchange, offering outstanding visibility and access in one of Denver’s strongest hospitality corridors near Denver International Airport (DIA).
This is a great opportunity for mix-use redevelopment such as multi-family and retail. Immediately available.
The property sits on approximately 7.15 acres and is improved with a multi-building hotel complex totaling approximately 135,541 SF, originally constructed in 1988 and comprehensively renovated in 2019–2020. The property features 202 guest rooms and suites, including standard king and double-queen rooms, jetted-tub suites, and kitchenette units. Renovations included new FF&E, upgraded bathrooms with glass shower enclosures, modern finishes, and refreshed common areas, positioning the asset as a high-quality, institutional-grade offering.
The property includes a 5,747 SF full-service restaurant space, historically operated as a nationally branded concept, along with meeting and banquet facilities, conference rooms, fitness center, laundry facilities, and an outdoor swimming pool with patio and lounge areas. The layout consists of multiple interconnected buildings surrounding a landscaped courtyard, providing a resort-style feel while maintaining efficient operations.
This is a great opportunity for mix-use redevelopment such as multi-family and retail. Immediately available.
The property sits on approximately 7.15 acres and is improved with a multi-building hotel complex totaling approximately 135,541 SF, originally constructed in 1988 and comprehensively renovated in 2019–2020. The property features 202 guest rooms and suites, including standard king and double-queen rooms, jetted-tub suites, and kitchenette units. Renovations included new FF&E, upgraded bathrooms with glass shower enclosures, modern finishes, and refreshed common areas, positioning the asset as a high-quality, institutional-grade offering.
The property includes a 5,747 SF full-service restaurant space, historically operated as a nationally branded concept, along with meeting and banquet facilities, conference rooms, fitness center, laundry facilities, and an outdoor swimming pool with patio and lounge areas. The layout consists of multiple interconnected buildings surrounding a landscaped courtyard, providing a resort-style feel while maintaining efficient operations.
PROPERTY FACTS
| Price | $29,000,000 | Building Size | 131,300 SF |
| Price Per Room | $143,564 | No. Rooms | 202 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1969/2005 |
| Property Subtype | Hotel | Parking Ratio | 2.48/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 7.16 AC | ||
| Zoning | S-MX-12 - Zoned S-MX-12 (Suburban Mixed Use), the property allows for hotel, retail, office, and general commercial uses and represents a conforming use | ||
| Price | $29,000,000 |
| Price Per Room | $143,564 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 7.16 AC |
| Building Size | 131,300 SF |
| No. Rooms | 202 |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2005 |
| Parking Ratio | 2.48/1,000 SF |
| Corridor | Interior |
| Zoning | S-MX-12 - Zoned S-MX-12 (Suburban Mixed Use), the property allows for hotel, retail, office, and general commercial uses and represents a conforming use |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- On-Site Bar
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $114.00 | - |
| Guest Room | 198 | $94.00 | - |
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PROPERTY TAXES
| Parcel Number | 1234-00-068 | Improvements Assessment | $2,065,800 |
| Land Assessment | $1,233,630 | Total Assessment | $3,299,430 |
PROPERTY TAXES
Parcel Number
1234-00-068
Land Assessment
$1,233,630
Improvements Assessment
$2,065,800
Total Assessment
$3,299,430
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Best Western Premier Denver East | 4411 Peoria St
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