Specialty Real Estate
930 East Colfax Avenue Denver, CO 80218
Details & Description
Price: $7,100,000
    Marcus & Millichap has been chosen to exclusively market for sale the Days Inn Denver Downtown, a five-story, 56-room hotel located in downtown Denver, minutes to the Colorado State Capitol and several other attractions. Amenities include a meeting room, complimentary breakfast buffet and vending machines. Each room is equipped with a flat screen television, coffee maker and a separate sitting area. The Days Inn Denver Downtown also benefits from a strong, growing economy and a highly educated workforce in the area.The Days Inn Denver Downtown represents the opportunity to acquire a branded hotel in the desirable Denver metropolitan area. Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth.2 Miles to The University of Colorado Denver | 15k+ Enrollment2 Miles to St. Joseph Hospital, Denver Health and Children's Hospital ColoradoSurrounded by the Denver Market's Major EmployersExcellent Frontage Along Colfax Avenue, Denver's Main Thoroughfare (21k VPD)Short Drive to State Capitol, Botanic Gardens, Larimer Square, Denver Zoo and MoreDemand from Nearby Coors Field (MLB: CO Rockies) and Empower Field (NFL: DEN Broncos)
    Listing Agents
    Josh Tammen

    O: 602-687-6791
    josh.tammen@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    930 East Colfax Avenue

    Denver, CO 80218

    Listing ID: 192215
    930 East Colfax Avenue Denver, CO 80218 | for Sale | Photo 1
    Building Size: 18,500 SF
    Lot Size: 1.200 AC
    Land Size: 52,272 SF
    Building $/SF: $383.78
    Land $/SF: $135.83
    Price
    $7,100,000
    Description

    Marcus & Millichap has been chosen to exclusively market for sale the Days Inn Denver Downtown, a five-story, 56-room hotel located in downtown Denver, minutes to the Colorado State Capitol and several other attractions. Amenities include a meeting room, complimentary breakfast buffet and vending machines. Each room is equipped with a flat screen television, coffee maker and a separate sitting area. The Days Inn Denver Downtown also benefits from a strong, growing economy and a highly educated workforce in the area.

    The Days Inn Denver Downtown represents the opportunity to acquire a branded hotel in the desirable Denver metropolitan area. Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth.

    2 Miles to The University of Colorado Denver | 15k+ Enrollment

    2 Miles to St. Joseph Hospital, Denver Health and Children's Hospital Colorado

    Surrounded by the Denver Market's Major Employers

    Excellent Frontage Along Colfax Avenue, Denver's Main Thoroughfare (21k VPD)

    Short Drive to State Capitol, Botanic Gardens, Larimer Square, Denver Zoo and More

    Demand from Nearby Coors Field (MLB: CO Rockies) and Empower Field (NFL: DEN Broncos)

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Denver History of Specialty Real Estate for Sale

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    Denver Area Market Trends

    Listing Demographics for 930 East Colfax Avenue Denver, CO 80218

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population47,807208,205482,699
    Population Median Age383736
    Population by Age0-9 Yrs1807 (3%)17772 (8%)53144 (11%)
    10-19 Yrs1280 (2%)13379 (6%)44988 (9%)
    20-29 Yrs15067 (31%)47581 (22%)93470 (19%)
    30-39 Yrs12509 (26%)49546 (23%)101913 (21%)
    40-49 Yrs5336 (11%)25711 (12%)62823 (13%)
    50-59 Yrs4949 (10%)21620 (10%)50262 (10%)
    60-69 Yrs4550 (9%)18950 (9%)42441 (8%)
    70+ Yrs2308 (4%)13646 (6%)33657 (6%)
    Median HH Income$55,591$67,950$62,895
    Total Household Income< 24K7145 (23%)20886 (19%)43744 (20%)
    25-49K6339 (21%)19054 (17%)43087 (20%)
    50-74K5253 (17%)17440 (16%)35763 (16%)
    75-99K3525 (11%)11980 (11%)24734 (11%)
    100-199K5510 (18%)24823 (23%)46729 (21%)
    200K+2086 (6%)11941 (11%)20799 (9%)
    Highest Education LevelNo Diploma16141372644928
    Diploma or GED40521773054722
    Some College68452390755836
    Assoc. Degree2088732817004
    Bachelors Degree1646161058109678
    Higher Degree100754029671444
    Total Housing Units32,223116,028231,062
    --Owner-Occupied7,68942,70397,772
    --Renter-Occupied22,16963,420117,083
    Owner-Occupied Values< 100K27111503086
    100-199K1117371111835
    200-299K1470601817400
    300-399K1338660416765
    400-499K1098701215182
    500K+23961820733504
    Total Working Age Population45,282182,557402,653
    In Work Force36,394139,331293,389
    Not In Work Force8,88843,226109,264
    Workforce Employed34,699133,760280,865
    Workforce Unemployed1,6765,49212,314
    Civlian Workforce36,375139,252293,178
    Military Workforce1979211
    Total Households29,858106,124214,855
    Family Households6,13337,14895,299
    Non-Family Households23,72568,976119,557
    Married Couple4,63027,38767,461
    Other Family1,5039,76027,838
    Married w/Child1,0249,63028,250
    Single Male w/Child1681,5523,517
    Single Female w/Child5483,30610,401

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Colorado4,301,261+175,029,196+165,838,181+156,733,658
    Denver County554,636+8600,158+23738,611+12827,681
    Jefferson County527,056+1534,543+10587,118+7626,742
    Arapahoe County487,967+17572,003+16662,304+13750,773
    Adams County363,857+21441,603+20530,680+21642,318

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 930 East Colfax Avenue in Denver?
    The asking price for 930 East Colfax Avenue is $7,100,000
    What is the building size of this Specialty property in Denver, CO?
    The size of the building/unit at 930 East Colfax Avenue in Denver is 18,500 square feet
    How much land does the Denver, CO property at 930 East Colfax Avenue include?
    930 East Colfax Avenue in Denver includes 1.200 acres of land
    What kind of Specialty is the propery at 930 East Colfax Avenue?
    The property at 930 East Colfax Avenue Denver, CO 80218 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 930 East Colfax Avenue in Denver?
    The population within 1 mile of 930 East Colfax Avenue Denver, CO 80218 is 47,807 people.
    Who do I contact for questions about 930 East Colfax Avenue?
    You should contact the listing agent, Josh Tammen, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Denver International Airport (DEN) 18
    Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 337
    Rick Husband Amarillo International Airport (AMA) 360
    Price
    $7,100,000
    Listing Agent
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