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8350 Razorback Rd
Colorado Springs, CO 80920
Olympia Inn Colorado Springs Air Force · Hospitality Property For Sale · 33 Rooms

Executive Summary

Located at prime location in north of Colorado Springs off at interstate I-25 exit 150 with great view . A very family-friendly motel in Colorado Springs.
Motel providing free wifi, free parking,free breakfast,pet allowed,non smoking on all area.
Room types: Suites and family room.
Recently fully renovated including outside paint and interior painting, new floor, new bathroom etc..
Sight Seeing & Point of interest, amenities:
United States Air Force Academy(5miles), US Air Force Academy Cadet Chapel(6miles),University of Colorado Springs(5.3miles),Chapel Hills Mall, The promenade Shops, Super Walmart, Brand Restaurants, Cowboy(2 miles), ProRodeo Hall of Fame and Museam(2miles),Seven Falls(15miles).
Colorado Springs Airport(11.75mils). Chapel Hill Mall. Promenade Shops.
Restaurant: McDonalds, Jun Japanese Restaurant, CO Mountain Brewery.
Motel reopened on June,2024 after the huge renovation(See pictures).

Property Facts

Price Per Room $119,331 CAD
Sale Type Investment
Cap Rate 17.10%
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.51 AC
Building Size 18,688 SF
No. Rooms 33
No. Stories 4
Year Built/Renovated 1999/2011
Tenancy Single
Parking Ratio 1.77/1,000 SF
Corridor Interior
Zoning PBC - Commercial

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Bed & Breakfast
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 6 $95.88 CAD -
Guest Room 27 $94.51 CAD -

Property Taxes

Property Taxes

Parcel Number
63051-04-009
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$950,592 CAD
  • Listing ID: 40263404

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 8350 Razorback Rd, Colorado Springs, CO 80920

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