2801 W Colorado Ave

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2801 W Colorado Ave

Colorado Springs, CO 80904
Asking Price
$1.35M
Asset Type
Motel Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Motel property for sale at 2801 W Colorado Ave
  • Priced at 1,350,000 dollars for the entire site
  • Includes a historic home element within the premises
  • Located within the Pikes Peak tourism market of Colorado
  • Suitable for ongoing hospitality operations or boutique lodging
  • Positioned near major regional tourist and transportation corridors

What's Special

This hospitality asset is a motel situated at 2801 W Colorado Ave in Colorado Springs, Colorado. The property incorporates a historic home, offering a unique architectural profile within the local market. Its location on Colorado Avenue places it in proximity to the established tourist corridors that draw visitors to the Pikes Peak region. Given the site configuration and historic nature of the improvements, the asset is positioned for continued use as a boutique lodging facility or potential redevelopment as a hospitality-focused destination. Colorado Springs maintains a strong regional economy bolstered by tourism, defense, and outdoor recreation sectors. The surrounding submarket benefits from steady traffic generated by the appeal of nearby natural landmarks and historic downtown areas. This property represents a tangible acquisition within an active Colorado market for investors or operators looking to capitalize on the enduring popularity of the Pikes Peak area for both regional travelers and long-distance visitors.

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NOI
$80,000
Cap Rate
5.93%
DSCR
1.00
Underwater
Cash-on-Cash
-0.04%
Monthly Payment
$6,679.063
Annual Cash Flow
$-148.761

Location & Travel Times