Marcus & Millichap Sells Best Interstate Inn Wheat Ridge Hotel For $5.5M

The Best Interstate Inn Wheat Ridge, located at 4735 Kipling Street in Wheat Ridge, Colorado, has been sold for a price of $5,500,000. This hotel property, represented by broker Christy McDougall from Marcus & Millichap, features 100 keys and a price per key of $55,000.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: $5,500,000
• Address: 4735 Kipling Street (Best Interstate Inn Wheat Ridge)
• Market: Wheat Ridge, CO
• Broker: Christy McDougall - Marcus & Millichap
• Keys: 100
• Price Per Key: $55,000

This transaction showcases the successful sale of the Best Interstate Inn Wheat Ridge in Wheat Ridge, Colorado. The deal was facilitated by broker Christy McDougall from Marcus & Millichap. The sale price of $5,500,000 for this hotel property with 100 keys highlights the value of the investment. The property's location at 4735 Kipling Street in Wheat Ridge makes it an attractive asset in this market.