Hotel-Motel
Holiday Inn Express & Suites Colorado Springs Central
105 N Spruce St, Colorado Springs, CO 80905
Listing Price: $13,000,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Colorado Springs Central. Nestled just minutes from I-25 and within walking distance of Downtown Colorado Springs, Holiday Inn Express & Suites Colorado Springs Central offers a perfect blend of comfort and convenience. With 80 spacious guest rooms and suites, each recently updated with modern flooring and furnishings, our west-side accommodations offer a relaxing retreat for every type of traveler.
This high-performing Holiday Inn Express boasts a RevPAR exceeding $120 and ranks 1st out of 5 in its STR competitive set. Strategically positioned with excellent visibility and access to I-25, which sees over 133,000 vehicles daily. The property benefits from both strong drive-by traffic and regional demand. With a gross operating profit margin exceeding 40%, it offers exceptional investment performance. Located in Colorado Springs, a dynamic market that welcomed 24.8 million visitors and $2.9 billion in total spending, the hotel is well-positioned to capitalize on the area's diverse economic base, including military, defense contracting, and tech industries. Additionally, Colorado Springs has experienced sustained population growth, increasing from 605,000 in 2014 to 701,000 in 2024, an annual rate approximately 1% higher than the national average, further enhancing the area's long-term investment appeal.
Investment Highlights
- High Performing Holiday Inn Express - $120+ RevPAR
- Ranked 1/5 in STR Comp Set
- Strong Visibility and Access to I-25, Which Sees Over 133,000 Vehicles Per Day
- 40%+ Gross Operating Profit
- Colorado Springs and the Pikes Peak Region Saw 24.8 Million Visitors and $2.9 Billion in Total Spending
- Colorado Springs has Diverse Market Demand with Strong economic Presence - Including Military, Defense Contracting, and Tech Sectors
- From 2014 to 2024, the Population of Colorado Springs Grew from 605,000 to 701,000, Reflecting an Average Annual Growth Rate of About 1.5% - 1% Above the Nations Average.
Broker of Record
Financing By
Hotel-Motel
Holiday Inn Express & Suites Colorado Springs Central
Listing Price: $13,000,000
Investment Highlights
- High Performing Holiday Inn Express - $120+ RevPAR
- Ranked 1/5 in STR Comp Set
- Strong Visibility and Access to I-25, Which Sees Over 133,000 Vehicles Per Day
- 40%+ Gross Operating Profit
- Colorado Springs and the Pikes Peak Region Saw 24.8 Million Visitors and $2.9 Billion in Total Spending
- Colorado Springs has Diverse Market Demand with Strong economic Presence - Including Military, Defense Contracting, and Tech Sectors
- From 2014 to 2024, the Population of Colorado Springs Grew from 605,000 to 701,000, Reflecting an Average Annual Growth Rate of About 1.5% - 1% Above the Nations Average.
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Colorado Springs Central. Nestled just minutes from I-25 and within walking distance of Downtown Colorado Springs, Holiday Inn Express & Suites Colorado Springs Central offers a perfect blend of comfort and convenience. With 80 spacious guest rooms and suites, each recently updated with modern flooring and furnishings, our west-side accommodations offer a relaxing retreat for every type of traveler. This high-performing Holiday Inn Express boasts a RevPAR exceeding $120 and ranks 1st out of 5 in its STR competitive set. Strategically positioned with excellent visibility and access to I-25, which sees over 133,000 vehicles daily. The property benefits from both strong drive-by traffic and regional demand. With a gross operating profit margin exceeding 40%, it offers exceptional investment performance. Located in Colorado Springs, a dynamic market that welcomed 24.8 million visitors and $2.9 billion in total spending, the hotel is well-positioned to capitalize on the area's diverse economic base, including military, defense contracting, and tech industries. Additionally, Colorado Springs has experienced sustained population growth, increasing from 605,000 in 2014 to 701,000 in 2024, an annual rate approximately 1% higher than the national average, further enhancing the area's long-term investment appeal.
Broker of Record
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Adam Lewis
First Vice President/Regional Manager
Financing By

