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Quality Inn & Suites Garden Of The Gods 555 Garden of the Gods Rd 124 Room Hotel Colorado Springs, CO 80907 $7,900,000 ($63,710/Room)
Investment Highlights
- 3.1 RRM
- 4 Story Interior Corridor
- $20 RevPAR Increase to Upper Midscale
- Stabilized 10% Cap Rate
- Repositioning Opportunity - Multiple Conversion Flags Available
- $68.5k per Key – Under Replacement Cost
Executive Summary
Please Click Here to View Virtual Tour & Due Diligence: https://www.tammenhospitality.com/exclusive-listings?propertyId=qualityinngardenofthegods
Property Facts
| Price | $7,900,000 | Building Size | 68,215 SF |
| Price Per Room | $63,710 | No. Rooms | 124 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built | 1985 |
| Property Subtype | Hotel | Parking Ratio | 2.07/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.90 AC | ||
| Zoning | C-6,Colorado Springs | ||
| Price | $7,900,000 |
| Price Per Room | $63,710 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.90 AC |
| Building Size | 68,215 SF |
| No. Rooms | 124 |
| No. Stories | 4 |
| Year Built | 1985 |
| Parking Ratio | 2.07/1,000 SF |
| Corridor | Interior |
| Zoning | C-6,Colorado Springs |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 28 | $155.00 | - |
| Guest Room | 96 | $142.00 | - |
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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 | 73251-19-011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $995,000 |
Property Taxes
Parcel Number
73251-19-011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$995,000
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