Reported Sep 10, 2026 · Source: The Denver Post
Tony Sherman, an Aspen resident and hospitality investor, sold the former American Motel property for $16.5 million, according to The Denver Post. The buyer, Dallas-based Trinsic Residential Group, is planning 335 apartments on the 5.8-acre site at 10101 W. I-70 Frontage Road North.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at The Denver Post. What the article says:
The Aspen resident and hospitality investor sold the former American Motel propert y for $16.5 million last week.
“The city of Wheat Ridge did not like the American Motel,” Sherman said.
The buyer, Dallas-based Trinsic Residential Group, is planning 335 apartments on the 5.8-acre site at 10101 W. I-70 Frontage Road North.
Tony Sherman figured his hotel property was more valuable without the hotel at all.
Article date: 2026-09-10T21:01:23+00:00
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