Dakota Pacific Real Estate
Portfolio
Lakewood Residence Inn & Courtyard by Marriott
The Residence Inn and Courtyard hotels in Lakewood, CO offered an attractive value-add opportunity to acquire two underperforming Marriott-branded properties in need of repositioning through renovation and operational restructuring. Renovations were completed in 2022 at an all-in basis that is well below replacement cost.
Property Type
Hospitality / Acqusition
Initial Investment Date
May 2021
Location
Lakewood, Colo.
No. of Rooms
192 Rooms