Madison Commercial Properties sells $18.8 million hotel

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Madison Commercial Properties, LLC is pleased to announce the sale of the 96 room Atwell Suites hotel, located between 64th and 65th Avenue, just west of Tower Road in Denver, in the DIA airport market. Th deal was brokered by Alex Kovacs, CCIM, senior broker associate This brand is a new concept affiliated with the IHG franchise (Holiday Inn). This hotel is the first ground up prototype developed in the nation. Madison Commercial Properties, LLC previously sold the 2+/- acre stie to the Developer in January 2021. The hotel is an all suites contemporary concept, with a plethora of  common area conducive to socialization and co-working collaboration among customers, The hotel includes a large exercise facility, has free hot breakfast items, free wifi, and has a limited bar, with ready -to-drink cocktails, beer and wine service, as well as small plate food items.

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