News for the Hospitality Executive |
the Sale of the American Inn and the Interstate Inn in Denver (Wheat Ridge), Colorado |
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. 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." 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 [email protected] or Zane Varvel at [email protected]. |
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Warmbrodt Hotel Investments
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