FeaturedSelect-Service Hotel
Budget Host Inn
Colorado Springs, Colorado 80907
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1 / 5
Asking Price
$3,500,000
Cap Rate
8.2%
Guest Rooms
42
Occupancy
75%
Property Overview
Budget Host Inn Colorado Springs is a 42-room select-service hotel operating under the Budget Host franchise in Colorado Springs, Colorado. The property benefits from strong leisure tourism demand driven by the Pikes Peak region's year-round attractions.
Built in 1990 and renovated in 2020, the hotel provides quality accommodations at competitive rates. The Budget Host franchise offers brand recognition and referral business while maintaining lower franchise fees compared to major chains.
At $3,500,000, this property offers solid cash flow with an 8.2% cap rate and strong 75% occupancy. The Colorado Springs market continues to show resilience with consistent tourism demand and limited new supply in the budget segment.
Property Highlights
42 guest rooms across 2 floors
Budget Host franchise
Renovated in 2020
Colorado Springs location
Free breakfast and WiFi
Free parking and outdoor pool
Financial Summary
Asking Price
$3,500,000
Cap Rate
8.2%
Net Operating Income
$287,000
Average Daily Rate
$92
RevPAR
$69
Occupancy Rate
75%
Property Details
Property Type
Select-Service Hotel
Brand / Flag
Budget Host
Guest Rooms
42
Floors
2
Year Built
1990
Last Renovated
2020
Asking Price
$3,500,000
8.2% Cap Rate · 42 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