8000 E Peakview Ave
- High quality select service hotel with versatile construction layout
- Excellent amenities including indoor pool, jacuzzi, oversize exercise facilities, meeting rooms, sundry, and guest laundry
- Free hot breakfast
- Rebranding opportunity as Hyatt Select, Best Western Plus, Garner by IHG, Comfort Inn & Suites or Country Inn & Suites
- Excellent in fill location near Fiddler’s Green amphitheatre
- Historically a good revenue performer but has fallen behind competition due to a need for renovation. Only hotel in the submarket that has not been recently renovated.
- Denver Tech Center and Greenwood Village office markets are undergoing a significant Price reset. As a result Lower office rents will increase occupancies in the future
Property Description
The Wingate hotel is a quality select service hotel located in a prime suburban location, a stone's throw from the Fiddler's Green amphitheatre in the Denver Tech Center area of southeast Denver. The limited service hotel has 86 oversize rooms, with 17 suites, indoor pool and jacuzzi, oversize exercise room, sundry center, guest laundry, and large meeting rooms. The property was developed in 2004, and has been continuously updated. The hotel has upside through renovation and rebranding opportunities.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $7,000,000 |
| No. of Units: | 86 |
| Year Built: | 2004 |
| Lot Size: | 2.72 Acres |
| Opportunity Zone: | No |
| Price per unit: | $81,395 |
| Property Website | Click Here |
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