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Red Wing Motel 56 El Paso Blvd 19 Room Hotel Manitou Springs, CO 80829 $3,150,000 ($165,789/Room)



EXECUTIVE SUMMARY
Discover a rare opportunity to own the historic Red Wing Motel, a beloved boutique lodging property at 56 El Paso Blvd, in charming Manitou Springs, Colorado. Steeped in history and offering modern comfort, this turnkey investment is a perfect blend of heritage and hospitality.
Property Highlights
• Established in 1952, the motel expanded with a second story in 1961, preserving the classic mid-century aesthetic.
• In 2016, a thoughtful renovation refreshed interiors while honoring the retro character of the original build.
• 19 rentable rooms, as well as a Manager's Apartment and an Owner's Apartment.
• The iconic neon sign features “Princess Red Wing,” a Native American elder and historian whose legacy lends cultural significance and charm.
Location & Appeal
• Situated at the base of Pikes Peak, with unobstructed mountain views, yet tucked into a peaceful neighborhood setting - close to, but notably quieter than, historic downtown Manitou Springs.
• Minutes from major attractions: Garden of the Gods, Manitou Incline, the Cog Railway, mineral springs, and a vibrant walkable downtown full of boutiques, galleries, and dining options. Close proximity to Downtown Colorado Springs and I25.
Guest Experience & Operations
• A non-smoking, clean, quiet, hospitality-forward property offering free Wi-Fi, flat-screen TVs, full kitchens or studio kitchenette setups, and laundry facilities - ideal for couples, solo travelers, and extended stays.
• Owner-operated atmosphere with tight-knit staff, known for personalized service and meticulous maintenance. Guests have appreciated the Owner's hands-on oversight and care for the property and landscaping.
Investment & Branding Potential
Owners benefit not only from steady tourism traffic to Manitou Springs but also from the motel’s authentic character and regional reputation. The historic Princess Red Wing signage and mid-century style lend unique branding opportunities that distinguish the property from typical chain options.
Ideal For:
• Buyers seeking a profitable turnkey hospitality operation in a destination-driven mountain town.
• Investors who value authentic charm, personalized guest service, and a strong local identity.
• Those keen to leverage marketing through heritage, natural setting, and boutique positioning to drive repeat bookings and premium rates.
In summary: The Red Wing Motel offers a compelling combination of history, scenic beauty, operational efficiency, and unique character. This is not just a motel for sale, it’s a lifestyle-driven opportunity in one of Colorado’s most enchanting towns. Let me know if you’d like to explore financials, occupancy statistics, or purchase terms.
Property Highlights
• Established in 1952, the motel expanded with a second story in 1961, preserving the classic mid-century aesthetic.
• In 2016, a thoughtful renovation refreshed interiors while honoring the retro character of the original build.
• 19 rentable rooms, as well as a Manager's Apartment and an Owner's Apartment.
• The iconic neon sign features “Princess Red Wing,” a Native American elder and historian whose legacy lends cultural significance and charm.
Location & Appeal
• Situated at the base of Pikes Peak, with unobstructed mountain views, yet tucked into a peaceful neighborhood setting - close to, but notably quieter than, historic downtown Manitou Springs.
• Minutes from major attractions: Garden of the Gods, Manitou Incline, the Cog Railway, mineral springs, and a vibrant walkable downtown full of boutiques, galleries, and dining options. Close proximity to Downtown Colorado Springs and I25.
Guest Experience & Operations
• A non-smoking, clean, quiet, hospitality-forward property offering free Wi-Fi, flat-screen TVs, full kitchens or studio kitchenette setups, and laundry facilities - ideal for couples, solo travelers, and extended stays.
• Owner-operated atmosphere with tight-knit staff, known for personalized service and meticulous maintenance. Guests have appreciated the Owner's hands-on oversight and care for the property and landscaping.
Investment & Branding Potential
Owners benefit not only from steady tourism traffic to Manitou Springs but also from the motel’s authentic character and regional reputation. The historic Princess Red Wing signage and mid-century style lend unique branding opportunities that distinguish the property from typical chain options.
Ideal For:
• Buyers seeking a profitable turnkey hospitality operation in a destination-driven mountain town.
• Investors who value authentic charm, personalized guest service, and a strong local identity.
• Those keen to leverage marketing through heritage, natural setting, and boutique positioning to drive repeat bookings and premium rates.
In summary: The Red Wing Motel offers a compelling combination of history, scenic beauty, operational efficiency, and unique character. This is not just a motel for sale, it’s a lifestyle-driven opportunity in one of Colorado’s most enchanting towns. Let me know if you’d like to explore financials, occupancy statistics, or purchase terms.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Third Party Reports
- Title and Insurance
PROPERTY FACTS
| Price | $3,150,000 | Building Size | 11,588 SF |
| Price Per Room | $165,789 | No. Rooms | 19 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1951/2016 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.64/1,000 SF |
| Lot Size | 0.44 AC | Corridor | Exterior |
| Zoning | C | ||
| Price | $3,150,000 |
| Price Per Room | $165,789 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 11,588 SF |
| No. Rooms | 19 |
| No. Stories | 2 |
| Year Built/Renovated | 1951/2016 |
| Tenancy | Single |
| Parking Ratio | 1.64/1,000 SF |
| Corridor | Exterior |
| Zoning | C |
AMENITIES
- Balcony
- Shuttle Service
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 6 | $267.00 | - |
| Guest Room | 13 | $109.00 | - |
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PROPERTY TAXES
| Parcel Number | 74044-08-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $299,560 |
PROPERTY TAXES
Parcel Number
74044-08-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$299,560
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Red Wing Motel | 56 El Paso Blvd
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