SOLDHotel
Stockdale Capital Partners Acquires Hotel In Denver, CO For $61.9M
3330 Brighton Boulevard, Denver, Colorado 80216, United States
$61,900,000
Building Size
—
Asset Type
Hotel
Closing
Aug 24, 2022
About this deal
AI
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
Denver Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
Loading comparables…
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