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29286247
29286262

16921 E 32nd Ave, Aurora, CO 80011 For Sale

AK
CO 0013134878, FL BK332695
Madison Commercial Properties Ltd
Listed by Madison Commercial Properties Ltd
Unpriced
123 days on market
Updated 19 days ago

Sylo Ramada Inn

Details
APN 0182128002002
Property Type Hospitality
Sub Type Hotel
Square Footage 44,000
Keys 95
Occupancy 73%
Price per SqFt $189
Year Built 1996
Year Renovated 2024
Buildings 1
Stories 3
Acreage 3.200
Zoning MU-R
Investment Type Stabilized
Occupancy Date 04/30/2026

Hospitality | 95 Keys

Marketing description

Wyndham franchise hotel located in the Denver International Airport hotel market. The property was converted from Red Lion to Ramada Inn in July 2021. The PIP was completed in 2024. The hotel includes new case goods, carpeting, bathroom remodeling. Indoor pool, exercise room, meeting room, and business center. Ten EV stations to be installed in 2nd quarter 2026. Excellent QA scores and Hotel reviews.

SE Quadrant of Interstate 70 and Airport Boulevard. The hotel is located approximately 10 miles from Denver International Airport, with easy access to all parts of the Denver metro, and Western Mountain resorts.

Investment highlights

  • Free airport shuttle. Indoor pool and spa, business center, meeting room, exercise room, free breakfast
  • Renovated in 2021 with new Wyndham franchise. PIP should be minimal, as it was fully renovated to brand standards in 2024.
  • Value upside from recent renovation and airport demand growth. DIA is third busiest airport in the world.
  • Hotel is approved by Wyndham for Baymont or Wingate if desired
  • City Express by Marriott is an option if desired
  • Hotel is not located in a metropolitan district so not subject to higher taxes
  • Vacant site next door will be developed with a freestanding Starbucks with access from Hotel entrance.
  • Ten EV charging stations will be built in the second quarter 2026.
  • The only other Ramada Inn near the airport at 6210 Tower Road is being converted to a Sheraton Four Points. This will be beneficial for the Sylo Ramada which will pick up additional bookings from Wyndham. ADR will improve.

Listing Contacts

AK
CO 0013134878, FL BK332695
Madison Commercial Properties Ltd
Listed by Madison Commercial Properties Ltd

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