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October 20, 2018
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190-Room CO Hotel Trades for $11 Mil

4/19/18

Denver's Best Inn & Suites, a 190-room hospitality property located in Denver, sold for $11 mil, or about $58k/room. The property is located at 4590 Quebec St, about eight miles from downtown Denver.

Denver's Best Inn & Suites is a five-story limited service hotel that consists of 190 interior corridor rooms with excellent visibility from I-70. Amenities include a heated indoor pool and spa, fitness center, complimentary breakfast buffet and guest laundry facilities. Business amenities include a business center and 2.1k sf of meeting space. The buyer intends to renovate and convert to a branded hotel.

Joshua S. Tammen and Gordon Allred with Marcus & represented the seller, a limited liability company. The buyer, also a limited liability company, was repped by M&Mís Dustin Robinett, Chris Gomes and Allan Miller.





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