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Budget Host Inn Pike's Peak Colorado Springs 3402 Sinton Rd 42 Room Hotel Colorado Springs, CO 80907 $3,500,000 ($83,333/Room) 8.20% Cap Rate
Investment Highlights
- The property benefits from strong leisure tourism demand driven by the Pikes Peak region's year-round attractions.
Executive Summary
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.
Property Facts
| Price | $3,500,000 | Building Size | 14,598 SF |
| Price Per Room | $83,333 | No. Rooms | 42 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 8.20% | Year Built/Renovated | 1979/2020 |
| Property Type | Hospitality | Parking Ratio | 1.29/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.14 AC | ||
| Zoning | M1 CU - M1 CU | ||
| Price | $3,500,000 |
| Price Per Room | $83,333 |
| Sale Type | Investment |
| Cap Rate | 8.20% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.14 AC |
| Building Size | 14,598 SF |
| No. Rooms | 42 |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2020 |
| Parking Ratio | 1.29/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | M1 CU - M1 CU |
Amenities
- Business Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 42 | $49.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 73361-07-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $247,630 |
Property Taxes
Parcel Number
73361-07-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$247,630
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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Contact the Sale Advisor
Budget Host Inn Pike's Peak Colorado Springs | 3402 Sinton Rd