62-Key Interior-Corridor
For Sale
Contact for pricing
11909 West 6th Avenue, Golden, CO 80401
Renovated guest rooms, indoor recreation amenities, and on-site business and fitness facilities support lodging operations.
Property Size31,334 SF
Price / SF$143.61
Days on Market65
Property Features for 11909 West 6th Avenue
General Information
Standard status
Active
Size
31,334 SF
Property subtype
Hospitality
Additional Details
Highway Access
Yes
Amenities
indoor pool and hot tub
elevator
24-hour fitness center
24-hour business center
complimentary continental breakfast
Building Details
Year Built
1995
Year Renovated
2005
Stories
3
Listing Agency:
Matthews
Listed By:
Hunter Davis · License #100112735
Source:
Crexi
Added: Aug 13
Changed: Oct 16
Last Checked: Oct 16 at 6:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
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Investment Insights
Based on property information with market context.
This 31,334-square-foot hotel contains 62 keys across three stories with an interior-corridor layout. The property was built in 1995 and renovated in 2005, with additional guest room renovations completed between 2022 and 2023. On-site amenities include an indoor pool and hot tub, an elevator, a 24-hour fitness center, a 24-hour business center, and complimentary continental breakfast. Guest rooms and suites are configured to accommodate both conventional stays and longer visits.
The hotel has access to I-70, C-470, and US-6. Nearby commercial and institutional destinations identified for the property include Red Rocks Amphitheatre, St. Anthony Hospital, the Denver Federal Center, Colorado Mills, and the West Denver commercial corridor.
The hotel has access to I-70, C-470, and US-6. Nearby commercial and institutional destinations identified for the property include Red Rocks Amphitheatre, St. Anthony Hospital, the Denver Federal Center, Colorado Mills, and the West Denver commercial corridor.
Key Highlights
- 62‑key, three‑story hotel with an interior‑corridor layout
- 31,334 square feet with guest rooms and suites
- Guest room renovations completed between 2022 and 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$243,694
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,873,880
$4.9M
Cap Rate 7%
$3,481,343
$3.5M
Cap Rate 9%
$2,707,711
$2.7M
Market Conditions
NOI Build-Up for 31,334 SF
Gross rent
$579.1K $18.48/SF
− Vacancy
−$66.0K −$2.11/SF
EGI
$513.0K $16.37/SF
− OpEx
−$269.3K −$8.60/SF
NOI
$243.7K $7.78/SF
Area
Jefferson County, CO
Vacancy
11.40%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,873,880
Cap Rate 7%
$3,481,343
Cap Rate 9%
$2,707,711
Alternative Uses
Best Use
Hotel Hospitality
$3.48M
$3.05M – $4.06M
NOI $243,694 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$69.73M
$61.01M – $81.35M
NOI $4,881,064 @ 7.0% cap · market cap 108.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 80401, CO
41,913
Population
17,762
Households
2.4
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
49.1 sq mi
ZIP Area
854
Density / Sq Mi
$112,444
Median Household Income
$53,936
Median Earnings
$1,868
Median Rent
$748,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Hotel - Renovated guest rooms, indoor recreation amenities, and on-site business and fitness facilities support lodging operations.
Where is this hotel located?
The property is located at 11909 West 6th Avenue Golden, CO.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 62‑key, three‑story hotel with an interior‑corridor layout; 31,334 square feet with guest rooms and suites; Guest room renovations completed between 2022 and 2023
