8701 Turnpike Dr | Westminster, CO 80031
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8701 Turnpike Dr
Westminster, CO 80031
La Quinta Inn by Wyndham Denver Westminster · Hospitality Property For Sale
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56,628 SF
INVESTMENT HIGHLIGHTS
- Fee simple interest in the institutionally owned and recently brand managed 130 room La Quinta Inn Denver Westminster CO.
- Property offered for individual sale in the June 28th Ten-X auction event.
- Asset is subject to a PIP ceiling which is not to exceed $7,500 per key.
- Available unencumbered of debt and third-party management.
- Ability for qualifying franchisees to retain the La Quinta by Wyndham flag with a new long-term license agreement.
- Property is ideally positioned within a high-growth Denver market with RevPAR now +107% over pre-COVID performance.
PROPERTY FACTS
| Sale Condition | Auction Sale | Building Size | 56,628 SF |
| Type of Ownership | Fee Simple | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1986/2016 |
| Property Subtype | Hotel | Parking Ratio | 2.79/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 2.53 AC | Parcel Number | 1719-30-2-23-004 |
| Zoning | PUD - Planned Unit Development | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.53 AC |
| Building Size | 56,628 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1986/2016 |
| Parking Ratio | 2.79/1,000 SF |
| Corridor | Exterior |
| Zoning | PUD - Planned Unit Development |
| Parcel Number | 1719-30-2-23-004 |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
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