Share This Listing

Message

925 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Executive Summary

Investment Highlights
• 111 Keys | Interior Corridor | 3 Stories | 2.13 Acre Site: Well-maintained midscale hotel strategically positioned along the I-25 corridor with direct access to Fort Carson, Downtown Colorado Springs, and the area's strongest lodging demand generators
• Value-Add Rebranding Opportunity: The property presents an immediate opportunity to convert to a stronger flag. A new brand has expressed interest in this location and is prepared to offer key money to assist with the PIP, providing a clear path to higher ADR and RevPAR under a renovated, flag-compliant product.
• Strong In-Place Cash Flow with Attractive Going-In Yield: Offered at a 9.27% 2025 Cap Rate with projected 11.98% Cash-on-Cash Return and approximately $732K in 2025 NOI, providing immediate income while executing a value-add strategy
• Proven Operational Momentum with Additional Upside Remaining: Occupancy increased from 50.7% in 2024 to 57.7% in 2025, demonstrating improving performance while still leaving room for further gains through active ownership and revenue management
• Located in One of Colorado's Strongest Lodging Markets: Benefits from year-round demand generated by Fort Carson, Peterson Space Force Base, aerospace and defense employers, healthcare institutions, and major tourism attractions, while also capturing demand from concerts, sporting events, conventions, and other live entertainment events held throughout the Colorado Springs market

Data Room Click Here to Access

Property Facts

Price $11,227,717 CAD
Price Per Room $101,151 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.13 AC
Building Size 48,470 SF
No. Rooms 111
No. Stories 3
Year Built/Renovated 1985/2005
Parking Ratio 2.48/1,000 SF
Corridor Interior
Zoning C6, Colorado Springs

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $240.19 CAD -
Guest Room 109 $204.66 CAD -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
64294-01-047
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,458,557 CAD
  • Listing ID: 40979590

  • Date on Market: 2026-06-18

  • Last Updated:

  • Address: 1410 Harrison Rd, Colorado Springs, CO 80905

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}