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Quality Inn South Colorado Springs 1410 Harrison Rd 111 Room Hotel Colorado Springs, CO 80905 $7,900,000 ($71,171/Room)
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
• 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
- Offering Memorandum
Property Facts
| Price | $7,900,000 | Building Size | 48,470 SF |
| Price Per Room | $71,171 | No. Rooms | 111 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1985/2005 |
| Property Subtype | Hotel | Parking Ratio | 2.48/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.13 AC | ||
| Zoning | C6, Colorado Springs | ||
| Price | $7,900,000 |
| Price Per Room | $71,171 |
| 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 | $169.00 | - |
| Guest Room | 109 | $144.00 | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 64294-01-047 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,729,880 |
Property Taxes
Parcel Number
64294-01-047
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,729,880
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