Share This Listing

Message

915 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

Debt Assumption: Lender (existing mortgage holder) financing available to qualified buyers. Terms provided upon qualification.

Property Facts

Price $18,000,000
Price Per Room $230,769
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 2.32 AC
Building Size 35,318 SF
No. Rooms 78
No. Stories 5
Year Built/Renovated 1986/2026
Parking Ratio 1.04/1,000 SF
Corridor Interior
Zoning M-C Mixed Commercial - M-C Mixed Commercial, City of Greenwood Village (Mun. Code ch. 16, art. 18). Hotel is an existing lawful use under a recorded Site Development Plan.

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Public Access Wifi
  • Smoke-Free

About 9231 E ARAPAHOE RD , GREENWOOD VILLAGE, CO 80112

Highlights: 1. Newly opened dual-flag IHG: 80-key Holiday Inn Express + 63-suite Candlewood under one roof 2. Complete 2025–26 conversion renovation — brand-current interiors, no near-term PIP 3. Existing mortgage holder will finance qualified buyers — rare execution certainty 4. ~$126K/key — below replacement cost in an infill, high-barrier DTC submarket 5. I-25 & Arapahoe interchange; 1 mi to DTC and Fiddler's Green, walkable to RTD light rail 6. Two demand segments, one payroll: transient + extended-stay smooths seasonalityNewly converted, fully renovated dual-brand IHG hotel. Colorado Hospitality is pleased to present the fee-simple sale of the Holiday Inn Express & Suites and Candlewood Suites Greenwood Village – Denver Tech Center, a newly opened, dual-branded IHG hotel totaling 143 keys in one of metro Denver’s strongest suburban lodging markets. Following a comprehensive, top-to-bottom conversion renovation completed for its 2026 dual-flag launch, the five-story property pairs an 80-room Holiday Inn Express & Suites — the transient workhorse of the IHG family — with a 63-suite Candlewood Suites extended-stay hotel, all under one roof with a shared lobby, breakfast room, and back-of-house for exceptional operating efficiency. The two-flag structure lets ownership capture both sides of the demand curve: corporate transient and weekend leisure guests on the Express side, and long-length-of-stay project, relocation, and training demand on the Candlewood side — smoothing seasonality and driving blended RevPAR with a single staff, one GM, and one set of fixed costs. The hotel sits just east of the I-25/E. Arapahoe Road interchange in Greenwood Village, at the southern gateway to the Denver Tech Center — a corridor anchored by Fortune 500 employers, 40+ million square feet of office space, Fiddler’s Green Amphitheatre (1 mile), Park Meadows Mall (3 miles), and Centennial Airport (3 miles), with RTD light rail within walking distance at Arapahoe at Village Center Station. Guest amenities include complimentary Express Start hot breakfast, a seasonal outdoor pool with complimentary poolside gas grills, a 24-hour fitness center, guest laundry, a 24-hour market, coworking-style lobby workspace, abundant free surface parking, and pet-friendly rooms. Candlewood suites feature fully equipped kitchens (full-size refrigerator, stovetop, dishwasher, cookware) and weekly housekeeping for the extended-stay guest. Pricing of $18,000,000 equates to approximately $126,000 per key — well below replacement cost for a renovated, dual-branded select-service asset in an infill, high-barrier-to-entry submarket. The existing mortgage holder is prepared to provide financing to a qualified buyer, offering a rare execution advantage in the current rate environment. Financial details, brand/franchise information, and financing terms will be made available to qualified buyers upon execution of a confidentiality agreement. Amenities: • Complimentary hot breakfast (Express Start) — 6:00–10:00 a.m. daily • Seasonal outdoor pool with complimentary poolside gas grills / BBQ gazebo • 24-hour fitness center • Guest laundry (complimentary on Candlewood side); 24-hour market/sundries shop • Free on-site surface parking; free high-speed Wi-Fi; bean-to-cup coffee • Pet-friendly (dogs; $75/night per dog, $250 deposit) with on-site pet relief area • Candlewood suites: full kitchens — full-size refrigerator, stovetop, conventional oven, dishwasher, cookware; weekly housekeeping • Room mix: HIE standard king / double-queen rooms and suites (±320 SF); Candlewood studio suites (±320 SF) and one-bedroom suites (±640 SF)

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 78 $72.00 -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
2075-22-3-34-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,839,250
  • Listing ID: 41223854

  • Date on Market: 7/9/2026

  • Last Updated:

  • Address: 9231 E Arapahoe Rd, Greenwood Village, CO 80112

Contact the Sale Advisor

Holiday Inn & Suites and Candlewood Suites | 9231 E Arapahoe Rd

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}