Four Points by Sheraton

Friday August 27, 2004
Type: 160 rooms & suites, full-service corporate/leisure hotel 

Seller: Sunstone OP Properties, LLC

Buyer: REEMA Hotel, LLC

Price: $6,000,000

Lender: Graham National Bank

Broker: HotelBrokerOne
 
Specifics: Six-story upscale hotel. Centrally located withihn a half-hour of seven world-class ski resorts, five golf courses and Lake Dillon - a year round water recreation destination. Pioneer Sport Shop located onsite.  F&B include Old Chicago Restaurant and The Summit CafeFeatures convention center, ballroom, fitness center, restaurant and bar. The hotel will undergo an approximately seven million dollar renovation and will retain the Crowne Plaza brand.