SOLDHotel
Stockdale Capital Partners Acquires Hotel In Denver, CO For $61.9M
3300 Brighton Boulevard, Denver, Colorado 80216, United States
$61,900,000
Building Size
—
Asset Type
Hotel
Closing
Aug 25, 2022
About this deal
AI
The Hotel located at 3300 Brighton Blvd in Denver, CO has been sold for a total price of $61,900,000. The property consists of 100 keys, resulting in a price per key of $619,000.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $61,900,000
- Address: 3300 Brighton Blvd, Denver, CO
- Market: Denver, CO
- Buyer: Stockdale Capital Partners
- Keys: 100
- Price per Key: $619,000
Stockdale Capital Partners was the buyer of this hotel property. The sale of the property was completed on August 26, 2022.
Players
Denver Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93