Recently Listed - IHG Branded Extended Stay Hotel

Candlewood Suites Denver North - Thornton

Thornton, Colorado

List Price

$11,000,000

The Offering

Investment Highlights

- 83 Key IHG Branded Extended Stay Hotel - All units contain full kitchenettes to service extended stay clientele

- Outperforming property's STR Comp Set - Ranked 1 of 8

- Positive RevPAR growth year over year - Over $10 increase in RevPAR since 2019
- Strong in-place debt coverage ratio which allows for SBA or Conventional financing

- Located off the I-25, providing easy access for transient travelers and highway visibility which sees 70,000 VPD

- City of Thornton has invested $100M+ in infrastructure development for significant upcoming population growth

Room Matrix

Single King - 44

Double Queen - 16

One Bedroom Suite - 14

King ADA - 4

Single King w/ Pullout - 3

Double Queen ADA - 1

One Bedroom Queen Suite ADA - 1

______________________

Total Rooms - 83

Team

Josh Tammen

Josh Tammen

C: (480) 567-6853
O: (602) 687-6791
Mike Knall

Mike Knall

C: (214) 500-4295
O: (602) 687-6707
Adam  Lewis

Adam Lewis

Broker of Record
Marcus and Millichap
Lic #: RE-16571(WY), ER.100091205 (CO), DB54599 (ID)
(303) 328-2000