948 Platte River Boulevard

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948 Platte River Boulevard

Brighton, CO 80601
Asking Price
Contact for price
Asset Type
Hotel Hospitality
Class
Class B

What's Special

Fairfield Inn & Suites Denver MSA <ul><li>​<span style="color: rgba(33, 37, 41, 1)">9 Year-Old Fairfield only doing 90% RPI</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">STR comp set average 4.2% RevPAR growth last 2 years</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">9.5% Stabilized Cap Rate</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Significant management upside with routine expense reduction</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Stabilized EBITDA of $1.1MM.</span></li><li

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times