Listing Summary
This is a two story exterior corridor economy motel built in 1979. It is a former corporate owned and operated property with an excellent location in the southwest quadrant of I-70 and Peoria Street, within the city limits of Denver.
Full Description
This is a two story exterior corridor economy motel built in 1979. It is a former corporate owned and operated property with an excellent location in the southwest quadrant of I-70 and Peoria Street, within the city limits of Denver. The motel contains 139 units Amenities include an outdoor swimming pool and guest laundry. The motel has a historically strong occupancy, over 70% and generates consistent revenues near $3 million, due to its prime location.
The Motel 6 Denver Airport is located in the Denver Airport/East Hospitality submarket. The primary market driver is Denver International Airport, and I 70. DIA is the hub for United, Southwest, and Frontier airlines. DIA is the third busiest airport in the United States, and the sixth busiest in the world. 82.3 million passengers passed through Denver in 2024.As a result, hotel development has boomed. Virtually every hotel franchise is currently represented in the airport submarket. An additional 701 rooms in six new properties are under construction. The main areas of hotel concentration are Tower Road, along 40th Avenue in Gateway Park, and at the Peoria Street and I 70 intersection, where this Motel is located.
Quick Glance
- Listing ID:
CL-Colorado-14240
- Status:
Active
- Year Build:
1979
- Building Size:
34,928 SqFt
- Lot Size:
N/A
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