 July
15, 2009 - Kansas City, Missouri - Warmbrodt Hotel Investments, Inc. ("WHI")
announced today it has been selected to advise in the disposition of two
highly visible properties located in Wheat Ridge, Colorado. The
American Inn is a five-story, 138 room interior-corridor property
with excellent visibility and easy access from Interstate 70 and Kipling
Street, a highly traveled thoroughfare. The property is situated
on 5.29 acres in the Northwest Quadrant of Kipling Street and I-70 and
features two banquet rooms and an outdoor swimming pool. The
Interstate Inn is located in the Southwest Quadrant of Kipling
Street and Interstate 70 and is also very easily accessible. The
two-story, exterior-corridor property features 100 guestrooms, outdoor
swimming pool and brick exterior. Both properties are located just
15 minutes from Downtown Denver, Coors Stadium, Pepsi Center, Denver Art
Museum, the Botanical Gardens and the magnificent scenic Colorado Mountains.
The University of Colorado, which is located in Boulder, Colorado is within
a half hour drive. You will find the finest Colorado recreational
spots including, Keystone, Breckenridge, Winter Park, Estes Park and the
Rocky Mountain National Park within a short one hour drive. Both
properties have excellent conversion potential to national franchises.
WHI is a Kansas City based, hotel real estate firm that specializes in the disposition, acquisition, financing and debt restructuring of hospitality related assets throughout the United States. Contact us directly at (913) 381-3737 or visit our website at www.whikc.com to learn more about how our years of experience and specialized services can help meet your business goals. For more information please contact Herb Warmbrodt at (913) 381-3737 herb@whikc.com or Zane Varvel at zane@whikc.com. |
Herb
Warmbrodt, President of WHI said "We are pleased to represent the owner
in the sale of these properties. Both properties have excellent locations
on Interstate 70. This market has very high barriers to entry which affords
the opportunity to purchase significant cash flow streams, reposition with
a national franchise and increase the market penetration of both assets."