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Fairfield by Marriott Inn & Suites Denver 948 Platte River Blvd 78 Room Hotel Brighton, CO 80601 For Sale
Investment Highlights
- 9 Year-Old Fairfield only doing 90% RPI
- 9.5% Stabilized Cap Rate
- Stabilized EBITDA of $1.1MM.
- STR comp set average 4.2% RevPAR growth last 2 years
- Significant management upside with routine expense reduction
- Opened 2017, Gen 4 prototype, minimal soft goods PIP
Executive Summary
STR comp set average 4.0% RevPAR growth last 3 years
9.5% Stabilized Cap Rate
Significant management upside with routine expense reduction
Stabilized EBITDA of $1.1MM.
Opened 2017, Gen 4 prototype, minimal soft goods PIP
Please visit: https://www.tammenhospitality.com/exclusive-listings?propertyId=fairifieldbrighton to view Virtual Tour & Due Diligence
9.5% Stabilized Cap Rate
Significant management upside with routine expense reduction
Stabilized EBITDA of $1.1MM.
Opened 2017, Gen 4 prototype, minimal soft goods PIP
Please visit: https://www.tammenhospitality.com/exclusive-listings?propertyId=fairifieldbrighton to view Virtual Tour & Due Diligence
Property Facts
| Sale Type | Investment | No. Rooms | 78 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2017 |
| Building Class | B | Parking Ratio | 0.54/1,000 SF |
| Lot Size | 1.12 AC | Corridor | Interior |
| Building Size | 48,101 SF | ||
| Zoning | Commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.12 AC |
| Building Size | 48,101 SF |
| No. Rooms | 78 |
| No. Stories | 4 |
| Year Built | 2017 |
| Parking Ratio | 0.54/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 24 | $173.00 | - |
| Guest Room | 54 | $159.00 | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1571-13-1-02-002 | Improvements Assessment | $1,373,080 |
| Land Assessment | $126,920 | Total Assessment | $1,500,000 |
Property Taxes
Parcel Number
1571-13-1-02-002
Land Assessment
$126,920
Improvements Assessment
$1,373,080
Total Assessment
$1,500,000
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Videos
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Presented by
Tammen Hospitality Partners
Fairfield by Marriott Inn & Suites Denver | 948 Platte River Blvd
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