Stockdale Capital Partners Acquires Hotel In Denver, CO For $61.9M
SOLD
$61,900,000
Colorado
See Similar DealsHotel
Sold 08/25/2022
SOLD
Stockdale Capital Partners Acquires Hotel In Denver, CO For $61.9M
3330 Brighton Boulevard, Denver, Colorado 80216, United States
See Similar DealsHotel
Sold 08/25/2022
Summary
COLORADO
Asset Type:Hotel
Transaction Type:Sale
The property involved in this transaction is a hotel located at 3350 Brighton Blvd in Denver, CO. The sale took place on 11/10/2022, with a sale price of $61,900,000. The hotel has 100 keys, resulting in a price per key of $619,000.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $61,900,000
- Address: 3350 Brighton Blvd, Denver, CO
- Market: Denver, CO
- Buyer: Stockdale Capital Partners
- Keys: 100
- Price Per Key: $619,000
Stockdale Capital Partners served as the buyer in this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$3,301,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$219,917.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$293,437.58
Annual Debt Service$3,521,250.96
Is there something missing? Send suggestions