FeaturedSelect-Service Hotel
Super 8 Colorado Springs
Colorado Springs, Colorado 80907
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Asking Price
$2,900,000
Cap Rate
8.5%
Guest Rooms
51
Occupancy
72%
Property Overview
Super 8 Colorado Springs is a well-positioned select-service hotel located near the iconic Garden of the Gods, one of Colorado's premier tourist destinations. The property benefits from strong leisure demand driven by year-round tourism to the Pikes Peak region and Garden of the Gods park.
The 51-room hotel operates under the Super 8 by Wyndham flag, providing brand recognition and distribution through the Wyndham Rewards loyalty program. The property underwent renovations in 2019, updating guest rooms and common areas to meet current brand standards.
With its strategic location near major attractions and consistent occupancy performance, this property offers an attractive investment opportunity in the Colorado Springs hospitality market.
Property Highlights
51 guest rooms across 3 floors
Super 8 by Wyndham franchise
Renovated in 2019
Near Garden of the Gods
Free breakfast and WiFi
Free parking for guests
Financial Summary
Asking Price
$2,900,000
Cap Rate
8.5%
Net Operating Income
$246,500
Average Daily Rate
$89
RevPAR
$64
Occupancy Rate
72%
Property Details
Property Type
Select-Service Hotel
Brand / Flag
Super 8 by Wyndham
Guest Rooms
51
Floors
3
Year Built
1995
Last Renovated
2019
Asking Price
$2,900,000
8.5% Cap Rate · 51 Rooms
Founder of Gallegos & Associates Real Estate, Inc. with 35+ years specializing in hotel/motel brokerage. Masters in Business Management with focus on Hotel Management and Accounting.
120
Deals Closed
$3.2B
Total Volume