Fairfield Inn & Suites Denver Southwest/Littleton in Littleton, Colorado Listed for Sale
Fairfield Inn & Suites Denver Southwest/Littleton in Littleton
Newly Built, Premium Branded Hotel in West Denver, Set Against Rocky Mountain Foothills
CBRE Hotels, as sole and exclusive agent for the owner, has been retained to offer for sale the fee-simple interest in the 108-room Fairfield Inn & Suites located in Littleton, Colorado. As a suburb of Denver, Littleton features a rapidly growing mix of leisure, corporate, government and group demand. Set against the picturesque Rocky Mountain foothills, the Fairfield Inn & Suites is one of the closest hotels to Red Rocks Amphitheater – among the most famous outdoor concert venues in the country and a major driver of lodging demand annually, spring through fall.
Littleton’s lodging market benefits from its proximity to popular tourist destinations allowing visitors to enjoy the outdoor activities in the area like hiking, biking, skiing, and fishing, as well as cultural attractions, shopping, and dining experiences. As a new hotel, the Fairfield Inn & Suites continues to grow its market share during its first full year of operation. Significant additional RevPAR growth should be achievable over the next 12 months as the property gains additional corporate accounts.
The property is offered unencumbered of management, fee simple, and is a non-union hotel.
Investment Highlights
- High-quality brand-new hotel opened in April 2022
- Excellent access and visibility from Highway C-470
- Closest hotel to Red Rocks Amphitheater
- One of only a handful of Fairfield Inn hotels in the country that serves cocktails and light fare
- Mix of oversized rooms & suite product
- Unencumbered of management
- $134 RevPAR trailing three months
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