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Hotel-Motel

Baymont Inn & Suites Colorado Springs Garden Of The Gods

430 Garden of the Gods Rd, Colorado Springs, CO 80907

Listing Price: $6,600,000

Cap Rate
8.40%
Number of Rooms
67
RevPAR
$70
Gross SF
35,702
Price/Room
$98,507
RRM
3.90
Price/Gross SF
$184.86
Year Built
1999

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Baymont Inn & Suites Colorado Springs Garden Of The Gods, a three-story interior corridor hotel ideally located off of Interstate 25 in Colorado Springs Colorado. The hotel consists of 67 guest rooms and offers amenities including a heated indoor pool & spa, business center, fitness center, complimentary breakfast and guest laundry facilities. The property was converted from an Americas Best Value Inn to a Baymont in 2019, and several recent capital expenditures have been completed.

The Baymont Inn & Suites Colorado Springs Garden Of The Gods represents the opportunity to acquire a franchised hotel in a strong market near several demand drivers. Our Pro Forma analysis assumes continued modest RevPAR growth over the next several years supported by the increasing population and demand growth in the Colorado Springs/Pikes Peak region.

Investment Highlights

  • Converted to Baymont in 2019
  • Several Recent Upgrades & CapEx
  • 4 Miles to Garden of the Gods, the City's Top Attraction with ~6M Visitors Per Year
  • 5 Miles to the United States Air Force Academy
  • 11 Miles to Peterson Space Force Base | $1.3B Yearly Economic Impact
  • Ideally Located Off of Interstate 25 | 1 Mile from Downtown Denver

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Financing By

Hotel-Motel

Baymont Inn & Suites Colorado Springs Garden Of The Gods

Listing Price: $6,600,000

Cap Rate
8.40%
Number of Rooms
67
RevPAR
$70
Gross SF
35,702
Price/Room
$98,507
RRM
3.90
Price/Gross SF
$184.86
Year Built
1999

Investment Highlights

  • Converted to Baymont in 2019
  • Several Recent Upgrades & CapEx
  • 4 Miles to Garden of the Gods, the City's Top Attraction with ~6M Visitors Per Year
  • 5 Miles to the United States Air Force Academy
  • 11 Miles to Peterson Space Force Base | $1.3B Yearly Economic Impact
  • Ideally Located Off of Interstate 25 | 1 Mile from Downtown Denver

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Baymont Inn & Suites Colorado Springs Garden Of The Gods, a three-story interior corridor hotel ideally located off of Interstate 25 in Colorado Springs Colorado. The hotel consists of 67 guest rooms and offers amenities including a heated indoor pool & spa, business center, fitness center, complimentary breakfast and guest laundry facilities. The property was converted from an Americas Best Value Inn to a Baymont in 2019, and several recent capital expenditures have been completed. The Baymont Inn & Suites Colorado Springs Garden Of The Gods represents the opportunity to acquire a franchised hotel in a strong market near several demand drivers. Our Pro Forma analysis assumes continued modest RevPAR growth over the next several years supported by the increasing population and demand growth in the Colorado Springs/Pikes Peak region.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

Financing By

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