CBRE Hotels presents, on an exclusive basis, the opportunity to acquire the fee-simple interest in the 134-room Fairfield Inn & Suites Denver Cherry Creek, located in one of the most desirable submarkets of Denver. The Fairfield Inn & Suites is an institutional quality, nine-story asset affiliated with Marriott - one of the most recognizable hotel brands in the world.
The hotel’s location is second to none, with a highly visible location along Colorado Blvd at Interstate 25, five miles northwest of the Denver Tech Center and six miles southeast of Downtown Denver. Cherry Creek North, the most exclusive shopping and dining district in Denver, is located 2.5 miles to the North. The University of Denver is 1.5 miles to the west.
Built in 1986, the Fairfield Inn & Suites features a mix of single king or two double standard guestrooms and suites, structured parking, an indoor pool, fitness center, guest laundry, sundry market and complimentary breakfast. The hotel will benefit from a post-sale comprehensive renovation, which should lead to higher revenue and profitability.
The hotel is institutionally owned and professionally managed.
Investment Highlights
- Excellent location in the Cherry Creek/Colorado Blvd submarket – adjacent to Interstate 25
- Marriott franchise available upon completion of PIP
- Major brand affiliation with one of the leading brands in the world
- Steel and concrete construction
- Offered at below replacement cost
- Unencumbered of management, offering complete operational flexibility for a new owner
- Denver is one of the fastest growing metros in the nation
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