
The Dorm Hotel
518 Stewart Avenue, Ithaca, NY, 14850, US
31 單位
JLL's Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee interest in the 116-room Suburban Studios Denver Central - Arvada (the "Hotel" or "Property"). Strategically located in the Denver North Lodging Submarket, the Asset sits within 2.5 miles of major employers including LivaNova, Kratos Industries, PepsiCo, Walmart, and Kaiser Permanente, while providing convenient access to Colorado Mills Mall, Regis University, St. Anthony Hospital, and Coors Brewery. The Property benefits from proximity to Denver's top tourism attractions, with the Downtown Aquarium, Coors Field, 16th Street Mall, and Empower Field all within 20 minutes. Denver's strong market fundamentals include a $10.3 billion tourism industry with 37.1 million annual visitors and significant corporate relocations since 2019, including United Airlines, Palantir Technologies, VF Corporation, and Emerson Electric, creating sustained demand for extended-stay accommodations.
The Property exemplifies the extended-stay sector's recession-resilient performance model, delivering exceptional NOI margins in 2025 through operational efficiency and longer guest stays. The Hotel has demonstrated remarkable RevPAR penetration growth from 56% in 2022 to 120% by 2025 with current RevPAR of $54. The extended-stay sector offers compelling investment fundamentals with demand expected to grow 5.0% annually (384 basis points above broader hotel industry) while supply growth remains constrained at 2.3%, supported by increasing institutional interest and consistent average yields of 8.3% since 2007—230 basis points higher than office, retail, and multifamily sectors. This combination creates an attractive value proposition for investors seeking stable returns with meaningful growth potential in the resilient extended-stay hospitality segment.


