Quality Inn South Colorado Springs

1410 Harrison Rd, Colorado Springs, CO 80905
$7,300,000 Price
10% 2025 Cap Rate
111 Total Rooms
14.5% 2025 Cash on Cash Rate
$65,765 Price Per Key
$731,981 2025 NOI

Investment Highlights

  • Priced at $7.3M | 10.0% Cap Rate | 14.5% Cash-on-Cash: $65.8K per key on $732K in 2025 normalized NOI with strong in-place cash flow and additional value-add upside.
  • 111 Keys | Interior Corridor | 3 Stories | 2.13 Acre Site: Well-maintained midscale hotel along the I-25 corridor with direct access to Fort Carson, Downtown Colorado Springs, and the market's strongest demand generators.
  • Rare Midscale Entry | Upper-Midscale Comp Set: One of only two midscale hotels in a submarket anchored by Hampton Inn, Holiday Inn Express, Fairfield, Home2, and Residence Inn, offering a rare entry point with a clear runway to upper-midscale performance post-rebrand.
  • Comfort Inn Flag Available for Rebranding | Strong Key Money Incentive: Flag converts without liquidated damages, with strong key money incentivized toward the rebrand and a direct path to higher ADR and RevPAR.
  • Absentee-Owned | Clear Owner-Operator Upside: A hands-on buyer has immediate opportunity to reduce payroll, improve efficiencies, and grow NOI through active management.

Key Location Drivers

  • Broadmoor Towne Center (0.5 mi): Neighborhood retail center with grocery, dining, and essential services supporting extended-stay and transient demand.
  • Fort Carson (2.5 mi): Major U.S. Army installation with over 25,000 personnel, driving consistent government and contractor lodging demand.
  • Downtown Colorado Springs (4.5 mi): Central business district with corporate offices, government buildings, restaurants, and entertainment venues.
  • Cheyenne Mountain Zoo (5.5 mi): One of the highest-rated zoos in the country, attracting strong family tourism year-round.
  • The Broadmoor Resort (6 mi): World-renowned luxury resort and conference destination generating high-end visitor traffic.
  • Garden of the Gods (7 mi): Iconic natural landmark drawing millions of visitors annually.
  • Colorado Springs Airport (8 mi): Regional airport supporting both business and leisure travel demand.
  • U.S. Air Force Academy (14 mi): Major national attraction and institutional demand driver.
  • Pikes Peak (30 mi): One of Colorado’s most visited destinations, supporting year-round tourism and outdoor recreation.

Primary Industries Supporting Lodging Demand

  • Military & Government: Fort Carson, Peterson Space Force Base, and Schriever Space Force Base provide consistent year-round lodging demand.
  • Aerospace & Defense: Major employers include Lockheed Martin, Boeing, Northrop Grumman, and Raytheon, driving corporate travel.
  • Healthcare: UCHealth Memorial Hospital and Penrose-St. Francis Health Services generate steady medical-related demand.
  • Tourism & Recreation: Pikes Peak, Garden of the Gods, and Cheyenne Mountain Zoo attract millions of visitors annually.
  • Technology & Business Services: A growing tech presence continues to diversify the local economy and increase corporate lodging demand.

Location & Neighborhood

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