WHEAT RIDGE, COLO. — Marcus & Millichap has arranged the sale of the 100-room Best Interstate Inn Wheat Ridge in Wheat Ridge. A private investor acquired the hotel for $5.5 million.
The asset is located at 4735 Kipling St. The acquisition provides the buyer with a multifamily conversion opportunity.
Christy McDougall of Marcus & Millichap represented both the buyer and seller, a limited liability company.