7007 Clinton St Greenwood Village, CO 80112
Sponsored
263-key hotel, value-add opportunity
Property size:
159,213 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 7007 Clinton St
General Information
- Property type
- Hotels
- Square Feet
- 159,213 SF
- Lot Size
- 231,304 SF
Building Details
- Year Built/Renovated
- 1985/2013
- Buildings
- 1
- Stories
- 10
HighLights
- Value‑add opportunity: 46% RevPAR penetration, significantly below its 90% 2018 level, due to deferred maintenance and management instability.
- Significant RevPAR growth potential: Current RevPAR is 44% below pre‑Covid peak, while the competitive set exceeds its pre‑Covid peak.
- High profit potential: Renovation and stabilized management can exceed prior $1.7M NOI and mid‑teens NOI margin.
- Durable construction: 10‑story steel and concrete structure with brick facade.
- Recent capital improvements: $2.8M (approx. $10,581/room) spent on roof, elevators, and boiler.
- Unencumbered sale: Sold free and clear of management contracts.
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Greenwood Village
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.880103
- Latitude
- 39.5895372
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - 263-key hotel, value-add opportunity
Where is this hotel located?
The property is located at 7007 Clinton St Greenwood Village, CO.
What are key features of this property?
This property features: Value-add opportunity: 46% RevPAR penetration, significantly below its 90% 2018 level, due to deferred maintenance and management instability.; Significant RevPAR growth potential: Current RevPAR is 44% below pre-Covid peak, while the competitive set exceeds its pre-Covid peak.; High profit potential: Renovation and stabilized management can exceed prior $1.7M NOI and mid-teens NOI margin.
