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

  • 111 Keys | Interior Corridor | 3 Stories | 2.13 Acre Site: Well-maintained midscale hotel strategically positioned along the I-25 corridor with direct access to Fort Carson, Downtown Colorado Springs, and the area's strongest lodging demand generators
  • Comfort Inn Flag Available for Rebranding | Strong Key Money Incentive: Comfort Inn flag is available for rebranding without payment of liquidated damages, with strong key money being incentivized toward the conversion. A newly renovated, rebranded product provides a clear path to higher ADR and RevPAR.
  • Price Reduced to $7.3M | 10.0% Cap Rate | 14.5% Cash-on-Cash: Offered at just $65.8K per key, with approximately $732K in 2025 normalized NOI, a 10.0% 2025 cap rate, and 14.5% cash-on-cash return, providing strong in-place cash flow with additional value-add upside.
  • Absentee-Owned | Clear Owner-Operator Upside: Currently operated through absentee ownership, providing a hands-on buyer the opportunity to reduce major expenses, including payroll, improve operating efficiencies, and drive meaningful NOI growth through active management.
  • Located in One of Colorado's Strongest Lodging Markets: Benefits from year-round demand generated by Fort Carson, Peterson Space Force Base, aerospace and defense employers, healthcare institutions, and major tourism attractions, while also capturing demand from concerts, sporting events, conventions, and other live entertainment events held throughout the Colorado Springs market

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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