HUNTER HOTEL ADVISORS has been retained as the exclusive advisor to solicit offers on the 299-room, 11-story Holiday Inn Denver East (the “Hotel” or “Property”). Located at 3333 Quebec St, Denver, Colorado, the fee simple, institutional quality Hotel benefits from its prime location across the street from United Airlines Flight Training Center, the largest airline training facility in the world. The full-service Hotel is located in Denver’s largest neighborhood, Central Park, which plays host to an established residential population, several healthcare institutions, and a strong corporate demand base comprised of logistics and financial services companies.
This offering presents an investor with the opportunity to acquire a well-located, institutional quality Hotel at a discount to today’s replacement cost. The Hotel is being offered unencumbered by management, providing an investor with the opportunity to increase NOI through implementing focused revenue management and cost control initiatives. The Hotel is currently affiliated with IHG’s full-service Holiday Inn brand, and a new owner has the ability to renew the long-term IHG license by completing the Change of Ownership PIP, pursue different branding options, or explore an alternative use for the property to match local demand and investment objectives.