Keen-Summit Capital Partners, LLC and Avison Young have been retained as the exclusive agents offering the fee simple / tenancy interest in the Ascent on Main at 18595 Mainstreet, Parker, CO.
Ascent on Main is a Bank Owned luxury boutique hotel in the center of Parker, Colorado, with 51 rooms and three retail tenants, including two restaurants and a jewelry store providing steady rent rolls. The hotel was built with three additional food and beverage outlets with exceptional visibility and access for an operator that enjoys F&B or leased to new tenants for additional income to the existing rent rolls. More details in our Offering documents in the data room.
FOR SALE – BOUTIQUE HOTEL
- 4-Story Independent Boutique Hotel / 51 Exceptionally appointed guestrooms, food & beverage outlets, and pedestrian friendly retail spaces surrounding the hotel.
- Variety Value-Add Options with potential returns in excess of 20%.
- Located in growing area with planned residential and retail phase two development.
- Multiple revenue streams (hotel, retail tenants, and F&B)
- Rent Roll from strong retail tenants
- ADR and REVPAR outpacing the Comp Set
- Value-Add Options with potential returns in excess of 20%
- Growth market so hotel operations numbers will continue to improve
FOR LEASE – ON-SITE FOOD & BEVERAGE OUTLETS
- Turn-key opportunity for a restauranteur
- Part of mixed use development with hotel, West Main Taproom + Grill, Doug’s Diner, Victoria Marie Jewelry store and Leffy’s Cigar Emporium
- Surrounded by rooftops panoramic views of the Rocky Mountain as a backfrop with significant demand for exciting new concepts