Lakewood 150-room hotel sells to Rockies Lodging Capital for $8.7 million

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Jefferson County

Property Location: 3605 S. Wadsworth Blvd, Lakewood

Property Description: four-story 150-room hotel, 76,504 sf, YOC 1986

Land Size: 3.14 acres

Sales Price: $8.7M, or $58,000 per room, or $113.72 per sf

Reception No.: 2018010208

Closing Date: 1/31

Grantor: CNI THL PROPCO Fe II LLC, Mark Hedstrom, VP, NYC, NY 10022

Grantee: RLC-VI Lakewood LLC c/o Rockies Lodging Capital, 720-449-3045, attn: Stephen Mills & Phillip Hutchins, Denver 80206

Financing: $4.65M payable to Citywide Banks

Comments: There is a 24-hour fitness and business center, with free WiFi, two meeting rooms and an outdoor pool.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or [email protected]

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