DoubleTree by Hilton Hotel Denver - Thornton

137 Room Hotel | Thornton, CO 80233 | $19,000,000 ($138,686/Room)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $19,000,000

Property Type
Hospitality
Square Feet
102,716 SF

Listing Contacts

Christy McDougall
Christy McDougall
Verified Profile
Skyler Cooper
Skyler Cooper
Verified Profile
  • Property Info

Property Overview

High-Quality Asset in Exceptional Condition: The DoubleTree by Hilton Hotel Denver-Thornton is a full-service hotel featuring 137 spacious guest rooms and several amenities such as an indoor pool, fitness center, business center, meeting rooms and an on-site restaurant and lounge. The Property is a five-story interior corridor hotel located in Thornton, Colorado.
Exceptional Banquet Space - Elevating On-Site Experience: The property offers an impressive 17,540 total square feet of banquet space, thoughtfully divided into 10 distinct rooms. Among them, the largest spans 6,400 square feet, providing an ideal setting for guests attending events or conferences at the hotel. This ensures that patrons can enjoy the added convenience of accommodation right on-site, enhancing their overall experience.
Prime Location with Easy Access to Market Demand Generators: The property boasts visibility from Interstate 25 and is conveniently situated less than 15 miles from Downtown Denver. Within the same radius, residents and visitors alike can enjoy a plethora of recreational and leisure activities, with attractions such as Coors Field, Dick’s Sporting Goods Park, and Denver Premium Outlets nearby. Thornton, Colorado, serves as a bustling hub for various businesses, hosting a range of notable companies including Rocsol Consulting Group, Murphy Company, Avaya, and Hensel Phelps Construction Company, among others.
Strategic Positioning to One of the World’s Busiest Airports: Nestled 22 miles away from Denver International Airport, the hotel enjoys a strategic position that harmonizes accessibility with serenity, ensuring guests benefit from both the convenience of proximity to the airport and a tranquil retreat during their stay. In 2023, Denver International Airport (DEN) achieved a remarkable milestone by welcoming a record-breaking 77.8 million passengers, marking a notable 12.3 percent increase from the previous year.
Recent Capital Expenditures: The hotel ownership has pridefully maintained the property, investing more than four million in capital expenditures since 2023. Improvements impacting the guestrooms, hallways, lobby, and meeting rooms were completed.
Premier Hilton Brand: The Property greatly benefits from its affiliation with Hilton, one of the strongest brands in the lodging industry that boasts a powerful reservation system and strong brand loyalty largely created by the popular Hilton Honors program, which now has more than 173 million members.
Unencumbered Offering: This offering provides an investor the ability to acquire the Property unencumbered by management or existing debt, presenting an exceptional operational opportunity for robust revenue growth through strategic implementation of aggressive yield management strategies.

Property Details

Class
C
Year Built/Renovated
1984/1999
Stories
5
Property Subtype
Hotel
Lot Size (sq. ft)
292,288 SF
Units
137

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