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Mountainscape Inn 3445 W Colorado Ave 16 Room Hotel Colorado Springs, CO 80904 $2,000,000 ($125,000/Room) 8.47% Cap Rate
EXECUTIVE SUMMARY
he Incline Escape is a charming boutique hospitality asset consisting of seven buildings, located at 3445 W Colorado Ave in the heart of Colorado Springs. Nestled within historic Old Colorado City in El Paso County, the property offers excellent proximity to premier attractions such as Garden of the Gods, Pikes Peak, and downtown Manitou Springs, along with walkable access to restaurants, retail, and entertainment. Originally constructed between 1914 and 1937, each building showcases unique architectural character while delivering a comfortable and modernized guest experience. All units are equipped with kitchenettes and currently operated as short- to mid-term rentals, with the seller successfully utilizing Airbnb and VRBO to maximize occupancy and revenue throughout the year. The sale includes all existing FF&E, providing a true turnkey investment opportunity from day one. With strong tourism demand, proven rental performance, and operational efficiencies already established, Incline Escape offers investors the ability to target highly attractive, double-digit cash-on-cash returns.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $2,000,000 | Lot Size | 0.49 AC |
| Price Per Room | $125,000 | Building Size | 7,390 SF |
| Sale Type | Investment | No. Rooms | 16 |
| Cap Rate | 8.47% | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1914 |
| Property Subtype | Hotel | Parking Ratio | 1.56/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | C-2 | ||
| Price | $2,000,000 |
| Price Per Room | $125,000 |
| Sale Type | Investment |
| Cap Rate | 8.47% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 7,390 SF |
| No. Rooms | 16 |
| No. Stories | 1 |
| Year Built | 1914 |
| Parking Ratio | 1.56/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 16 | $52.00 | - |
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Mountainscape Inn | 3445 W Colorado Ave
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