Courtyard by Marriott in Aurora sells for $ 27.9 million

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The newly constructed 141-room, four-story, 141-room Courtyard by Marriott Denver-Aurora hotel in Aurora was recently sold to Legendary Capital for $ 27.9 million.

Completed in 2020, the hotel is located directly behind the 2nd Avenue & Abilene light rail station near the University of Colorado’s Anschutz Medical Campus. The completely redesigned hospital of the Rocky Mountain Regional VA Medical Center in Denver and one of the best life science research campuses in the country, the Fitzsimons Innovation Community, are nearby.

“The hotel has received its occupancy certificate and is ready for business. National Hospitality Services will manage the property, ”said Gordon Allred, Senior Managing Director Investments at Marcus & Millichap’s Ontario office. Allred and Joshua S. Tammen, Vice President Investments in Phoenix, took over the brokerage contract. Adam Lewis, the broker for Marcus & Millichap in Colorado, helped close the transaction.

The Courtyard by Marriott Denver-Aurora has a spacious first floor with several seating areas, a bar / lounge / bistro and a 24-hour reception. Additional amenities include a business center, three meeting rooms, a fitness center, an outdoor patio with seating and a fire pit, and laundry service. “The hotel is designed to save energy costs and meets the highest energy efficiency standards,” said Tammen. A two-story, 55,715 square meter parking deck offers sufficient parking space for guests.

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