Specialty Real Estate
14200 East Colfax Avenue Aurora, CO 80011
Details & Description
Price: $20,850,000
    Marcus & Millichap is exclusively marketing for sale the Holiday Inn Express & Suites Denver Aurora Medical Campus, a newly constructed five-story hotel located in Aurora, a desirable suburb of Denver, Colorado. The hotel is ideally situated near the intersection of Interstate 225 and Colfax Avenue, two of the Denver markets main thoroughfares. Located only half a mile from the property is the University of Colorado Anschutz Medical Campus, a world-class medical destination with the largest academic health center in the Rocky Mountain region.The spacious first floor of the Holiday Inn Express & Suites Denver Aurora Medical Campus features complimentary breakfast, a dining area with fireplace and flat-screen TV, complimentary coffee and a 24-hour front desk. The hotel also provides business amenities including a business center and four meeting rooms consisting of 3,000 square feet of flexible meeting space. Other amenities throughout the property include an indoor pool, fitness center, guest laundry facilities, ice machine, safe deposit boxes and complimentary Wi-Fi.All of the property's 126 contemporary guest rooms feature a 42- inch flat-screen TV with premium channels, work desk with lamp, mini refrigerator, microwave, coffee/tea maker, climate control, complimentary Wi-Fi and more. This property offers the new Formula Blue Smart Travel Design and features an appealing combination of fresh, dynamic and focused design features that enable and efficientand engaging environment for its guests.The Holiday Inn Express & Suites Denver Aurora Medical Campus represents the opportunity to acquire a newly renovated IHG-branded hotel in the Denver metropolitan area near several demand drivers.Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth.The Buyer must assume the current equipment leases on the propertys phone system and TVs, to be paid off in three years.1/2 Mile from Anschutz Medical Campus | 2.1M Individual Patient Visits Annually4 Miles to Buckley Air Force Base | Serves More than 92,000 Active DutyWithin 4 Miles of Northrop Grumman & Raytheon Intelligence Information Complex14 Miles to Denver International Airport | 69M Passengers in 2019Newly Built IHG-Branded Hotel in the Greater Denver MSAIdeally Situated Near the Intersection of Interstate 225 and Colfax Avenue
    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.

    14200 East Colfax Avenue

    Aurora, CO 80011

    Listing ID: 192227
    14200 East Colfax Avenue Aurora, CO 80011 | for Sale | Photo 1
    Building Size: 85,785 SF
    Lot Size: 2.000 AC
    Land Size: 87,120 SF
    Building $/SF: $243.05
    Land $/SF: $239.33
    Price
    $20,850,000
    Description

    Marcus & Millichap is exclusively marketing for sale the Holiday Inn Express & Suites Denver Aurora Medical Campus, a newly constructed five-story hotel located in Aurora, a desirable suburb of Denver, Colorado. The hotel is ideally situated near the intersection of Interstate 225 and Colfax Avenue, two of the Denver markets main thoroughfares. Located only half a mile from the property is the University of Colorado Anschutz Medical Campus, a world-class medical destination with the largest academic health center in the Rocky Mountain region.

    The spacious first floor of the Holiday Inn Express & Suites Denver Aurora Medical Campus features complimentary breakfast, a dining area with fireplace and flat-screen TV, complimentary coffee and a 24-hour front desk. The hotel also provides business amenities including a business center and four meeting rooms consisting of 3,000 square feet of flexible meeting space. Other amenities throughout the property include an indoor pool, fitness center, guest laundry facilities, ice machine, safe deposit boxes and complimentary Wi-Fi.

    All of the property's 126 contemporary guest rooms feature a 42- inch flat-screen TV with premium channels, work desk with lamp, mini refrigerator, microwave, coffee/tea maker, climate control, complimentary Wi-Fi and more. This property offers the new Formula Blue Smart Travel Design and features an appealing combination of fresh, dynamic and focused design features that enable and efficient

    and engaging environment for its guests.

    The Holiday Inn Express & Suites Denver Aurora Medical Campus represents the opportunity to acquire a newly renovated IHG-branded hotel in the Denver metropolitan area near several demand drivers.

    Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth.

    The Buyer must assume the current equipment leases on the propertys phone system and TVs, to be paid off in three years.

    1/2 Mile from Anschutz Medical Campus | 2.1M Individual Patient Visits Annually

    4 Miles to Buckley Air Force Base | Serves More than 92,000 Active Duty

    Within 4 Miles of Northrop Grumman & Raytheon Intelligence Information Complex

    14 Miles to Denver International Airport | 69M Passengers in 2019

    Newly Built IHG-Branded Hotel in the Greater Denver MSA

    Ideally Situated Near the Intersection of Interstate 225 and Colfax Avenue

    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.
     
    Aurora History of Specialty Real Estate for Sale

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    Aurora Area Market Trends

    Listing Demographics for 14200 East Colfax Avenue Aurora, CO 80011

    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 Population18,280134,033357,385
    Population Median Age333334
    Population by Age0-9 Yrs3179 (17%)22448 (16%)55042 (15%)
    10-19 Yrs2362 (12%)18907 (14%)47424 (13%)
    20-29 Yrs3405 (18%)22986 (17%)56779 (15%)
    30-39 Yrs2594 (14%)20335 (15%)59691 (16%)
    40-49 Yrs2606 (14%)18313 (13%)50331 (14%)
    50-59 Yrs1872 (10%)14144 (10%)38125 (10%)
    60-69 Yrs1310 (7%)9955 (7%)28365 (7%)
    70+ Yrs953 (5%)6944 (5%)21628 (6%)
    Median HH Income$42,332$48,704$56,106
    Total Household Income< 24K1678 (27%)9728 (22%)22779 (18%)
    25-49K1967 (32%)12625 (28%)32719 (26%)
    50-74K1224 (20%)9041 (20%)24785 (19%)
    75-99K480 (7%)5266 (12%)17285 (13%)
    100-199K704 (11%)6028 (13%)22461 (17%)
    200K+54 (0%)926 (2%)5299 (4%)
    Highest Education LevelNo Diploma28831953040467
    Diploma or GED43082576361258
    Some College16361597845561
    Assoc. Degree815630617268
    Bachelors Degree1013983540819
    Higher Degree589489124478
    Total Housing Units6,53845,934131,812
    --Owner-Occupied2,32319,35264,394
    --Renter-Occupied3,78624,26260,933
    Owner-Occupied Values< 100K93426345217
    100-199K620587517294
    200-299K574694221965
    300-399K168277910543
    400-499K44433551
    500K+226805825
    Total Working Age Population13,65999,250271,834
    In Work Force9,12667,994190,478
    Not In Work Force4,53331,25681,356
    Workforce Employed8,53263,555179,286
    Workforce Unemployed5674,20010,417
    Civlian Workforce9,09967,755189,703
    Military Workforce27239775
    Total Households6,10843,614125,328
    Family Households3,79628,29777,379
    Non-Family Households2,31215,31747,949
    Married Couple2,38517,22550,561
    Other Family1,41011,07226,818
    Married w/Child1,3229,24326,254
    Single Male w/Child1531,4243,768
    Single Female w/Child6274,31910,368

    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
    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 14200 East Colfax Avenue in Aurora?
    The asking price for 14200 East Colfax Avenue is $20,850,000
    What is the building size of this Specialty property in Aurora, CO?
    The size of the building/unit at 14200 East Colfax Avenue in Aurora is 85,785 square feet
    How much land does the Aurora, CO property at 14200 East Colfax Avenue include?
    14200 East Colfax Avenue in Aurora includes 2.000 acres of land
    What kind of Specialty is the propery at 14200 East Colfax Avenue?
    The property at 14200 East Colfax Avenue Aurora, CO 80011 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 14200 East Colfax Avenue in Aurora?
    The population within 1 mile of 14200 East Colfax Avenue Aurora, CO 80011 is 18,280 people.
    Who do I contact for questions about 14200 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) 12
    Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 339
    Rick Husband Amarillo International Airport (AMA) 356
    Price
    $20,850,000
    Listing Agent
    More listings from Josh Tammen
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