Local LLC Purchases La Quinta Inn & Suites In Greenwood Village For $14 Million

The property involved in this transaction is a hotel located at 7077 South Clinton Street in Greenwood Village, CO. The La Quinta Inn & Suites by Wyndham Denver Tech Center encompasses 148 rooms and was sold for $14,000,000, reflecting a price per key of $94,595.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $14,000,000
• Keys: 148
• Price Per Key: $94,595
• Market: Greenwood Village, CO
• Date of Sale: 10/29/2024

The transaction was facilitated by brokers Adam Lewis, Allan Miller, Christopher (Chris) Gomes, Christy McDougall, and Skyler Cooper from Marcus & Millichap. The property was sold by an out-of-state owner to a local limited liability company, with participation from both the Denver and Dallas offices of Marcus & Millichap in managing the deal.