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Red Wing Motel 56 El Paso Blvd 19 Room Hotel Manitou Springs, CO 80829 $2,750,000 ($144,737/Room)
Executive Summary
The historic Red Wing Motel, an 11,588 square foot building originally constructed in 1951 (with expansion in
1961), stands as a charming boutique property in the heart of Manitou Springs, Colorado, offering immediate
access to the Garden of the Gods park and stunning views of Pikes Peak. Extensively renovated in 2016 with
over $1.3 million invested, this well-maintained, turnkey operation features 19 updated guest rooms alongside
a manager's 1-bedroom apartment and an owner's 2-bedroom apartment. This property blends mid-century
character with modern comforts including free high-speed internet, smart TVs, and other on-site amenities.
The Red Wing Motel is recognized in the area for its cleanliness, quiet location, and welcoming atmosphere.
It presents an exceptional opportunity for immediate value-add enhancements in a prime tourist destination.
1961), stands as a charming boutique property in the heart of Manitou Springs, Colorado, offering immediate
access to the Garden of the Gods park and stunning views of Pikes Peak. Extensively renovated in 2016 with
over $1.3 million invested, this well-maintained, turnkey operation features 19 updated guest rooms alongside
a manager's 1-bedroom apartment and an owner's 2-bedroom apartment. This property blends mid-century
character with modern comforts including free high-speed internet, smart TVs, and other on-site amenities.
The Red Wing Motel is recognized in the area for its cleanliness, quiet location, and welcoming atmosphere.
It presents an exceptional opportunity for immediate value-add enhancements in a prime tourist destination.
Property Facts
| Price | $2,750,000 | Building Size | 11,588 SF |
| Price Per Room | $144,737 | 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 | $2,750,000 |
| Price Per Room | $144,737 |
| 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 | - |
1 1
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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