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Executive Summary

Well maintained independent motel situated at Prime location, Walking Distance to the Colorado Springs Downtown. Renovated motel in 2023-2024. 29 keys with manager's living Quarters, 2 Stories with Solid brick building, Building Size 20,806 Sq Ft, 30,275 Lot Size

Attachments

620Wcoloradoave

Property Facts

Sale Type Investment
Sale Condition 1031 Exchange
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.68 AC
Building Size 17,598 SF
No. Rooms 30
No. Stories 2
Year Built/Renovated 1930/2025
Tenancy Single
Parking Ratio 2.98/1,000 SF
Corridor Exterior
Zoning C6, Colorado Springs

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $63.00 -
Guest Room 28 $50.00 -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
74131-26-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$215,410
  • Listing ID: 32150420

  • Date on Market: 6/15/2024

  • Last Updated:

  • Address: 620 W Colorado Ave, Colorado Springs, CO 80905

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