Holiday inn

Marcus & Millichap: Brokers for the sale of the Holiday Inn Denver Parker, a 101-room hotel in Parker, Colorado







PARKER, Colo., June 7, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, today announced the sale of Holiday Inn Denver Parker, a 101 bedroom home property located in Parker, Colorado. The asset sold for $9,750,000.

“Our team got several offers in the first two weeks on the market,” said Zack Freeman, investment specialist at Marcus & Millichap’s Phoenix office. “The winning bidder at the list price was a private investor out of the state of Nevada who had been looking to enter the Colorado market for some time.” Freeman, Josh Tammen and Gordon Allred at the company’s Phoenix and Inland Empire offices, represented the seller on an exclusive listing with official Colorado broker Adam Lewis, who helped facilitate the transaction.

The Holiday Inn Denver Parker is located on the southwest corner of Denver MSA. Built in 2004, the 101 Keys Hotel is set to undergo a complete renovation that will be completed by the end of 2024. The hotel offers several amenities, including Trapper’s Bar & Grill, which offers great views of the city ​​and an enjoyable dining experience.

Parker is a destination for many events such as weddings and corporate conventions. It is also home to Colorado Horse Park, which attracts hundreds of thousands of visitors each year.

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About Marcus & Millichap (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices in the United States and Canada. As of December 31, 2021, the company had 1,994 sales and investment finance professionals across 82 offices that provide investment brokerage and finance services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to its clients. Marcus & Millichap closed 13,255 deals in 2021, with sales volume of approximately $84.4 billion. For more information, please visit www.MarcusMillichap.com.

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Marcus & Millichap Inc. published this content on June 14, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on Jun 14, 2022 21:12:05 UTC.

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