Hotel For Sale • 48,470 SF
| Well-maintained midscale hotel with excellent access to Fort Carson, Downtown Colorado Springs, and major demand drivers. |
| Strong rebranding potential with key money available to help fund the PIP and drive higher ADR and RevPAR. |
| Offered at a 9.3% 2025 Cap Rate with projected 13.7% Cash-on-Cash Return and approximately $773K 2025 NOI. |
| Occupancy increased from 50.7% (2024) to 57.7% (2025), with additional upside through active management. |
| Year-round demand from military, aerospace, healthcare, tourism, conventions, concerts, and sporting events. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| City of Colorado Springs Municipal | 20 min | - | 9.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 120 |
| Type: | Surface |
| Included in Rent: | Yes |