The Colorado hotel for sale is a Ramada Inn hotel situated in downtown Denver. This fee-simple hotel for sale is located near all the major attractions in Denver such as Colorado Convention Center, 4 major medical centers, 4 colleges with over 70,000 students, 4 music venues, Sports Authority Field at Mile High, Coors Field, Pepsi Center and the Rocky Mountains. This is a full-service hotel with 3 floors, 152 guest rooms, and it was recently renovated in 2011. The amenities of this hotel includes a 3,300 square feet of meeting space and 4 stable retail tenants that generate approximately $3,500 per month in the lease income. This Ramada Inn is priced at 10% CAP Rate with upward trending revenues.
Danny Givertz, Vice President, is responsible for Hunter’s West Coast brokerage operations out of the Los Angeles, California office. With over 12 years of hotel brokerage experience Danny has negotiated the sale of over a quarter of a billion dollars worth of hotel properties throughout the West Coast. He has assisted clients in the sale or purchase of all major branded hotels including Hilton, Starwood, InterContinental Hotels, Best Western, Choice Hotel Group and Wyndham International. Danny holds a Bachelor of Science Degree in Business Administration & Real Estate Finance from Pepperdine University in Malibu, California.