Super 8 Colorado Springs Airport — Sale in Colorado Springs, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Colorado Springs, CO 80916
  • Year built: 1997

Photos

Super 8 Colorado Springs Airport — Sale in Colorado Springs, CO, photo 1 of 5
Super 8 Colorado Springs Airport — Sale in Colorado Springs, CO, photo 2 of 5
Super 8 Colorado Springs Airport — Sale in Colorado Springs, CO, photo 3 of 5
Super 8 Colorado Springs Airport — Sale in Colorado Springs, CO, photo 4 of 5
Super 8 Colorado Springs Airport — Sale in Colorado Springs, CO, photo 5 of 5

Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Super 8 by Wyndham Colorado Springs Airport ("Hotel" or "Property") located at 1790 Aeroplaza Drive in Colorado Springs, Colorado. The economy Wyndham Hotels & Resorts-branded Hotel is $2,200,000 or $52,381 per key. Originally constructed in 1997 on a 1.03-acres lot, the Property features 42 guest rooms within an approximately 19,234-square-foot building. Recent capital improvements include a new water heater installed in 2023, a commercial washing machine replaced within the past two years, and a roof replaced approximately seven years ago. With a practical amenity package that includes a breakfast room, business center, complimentary parking, and free Wi-Fi, the Hotel serves as an affordable lodging option within one of Colorado's strongest and fastest-growing metropolitan markets. The Property benefits from one of the most diversified lodging demand bases in Colorado. Educational demand is anchored by the University of Colorado, Colorado Springs, while corporate and defense-related travel is generated by major regional employers including Boeing, Lockheed Martin, L3Harris Technologies, Northrop Grumman, and Progressive Insurance. Healthcare demand is supported by Penrose-St. Francis Health Services and UCHealth Memorial Hospital Central, while military and government-related visitation is driven by Peterson Space Force Base, Schriever Space Force Base, and Fort Carson, which collectively generate substantial demand from service members, contractors, vendors, and government personnel. Leisure demand is equally robust, with visitors drawn to nationally recognized destinations including Garden of the Gods, Pikes Peak, the U.S. Air Force Academy, Manitou Springs, Cave of the Winds, Cheyenne Mountain Zoo, Seven Falls, the U.S. Olympic & Paralympic Museum, and the National Museum of World War II Aviation. Additional event and group demand is gener

Market Context

This hospitality in Colorado Springs, CO is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1997. Compare it against other hospitality listings for sale in Colorado Springs, CO — view the full market.

Contact

Explore this market

Similar Hospitality Business for Sale in Colorado