Wyndham Branded Limited-Service
For Sale
Contact for pricing
1055 Kelly Johnson Blvd, Colorado Springs, CO 80920
Wyndham-branded limited-service hotel located at a major I-25 and Academy Boulevard intersection with strong on-site operating metrics.
Property SizeContact for details
Lot Size1.86 Acres
Days on Market119
Property Features for 1055 Kelly Johnson Blvd
General Information
Standard status
Active
Lot size
1.86 Acres
Property subtype
Hospitality
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Listing Agency:
RIPCO Real Estate
(972) 755-5302
Listed By:
Michael A. Fasano · License #NJ
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 3:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RIPCO Real Estate
Investment Insights
Based on property information with market context.
Marcus & Millichap’s National Hospitality Division presents the Baymont Inn & Suites, a Wyndham-branded, limited-service hotel offered for sale as a turn-key hospitality asset. The Property sits on 1.86 acres and is positioned to serve both business and leisure travel demand.
The hotel is located off the intersection of Interstate 25, a major north-south thoroughfare, and Academy Boulevard. Colorado Springs is approximately 70 miles south of Denver and is home to key demand generators including the United States Air Force Academy (6.4 miles), plus multiple corporate campuses and employers throughout the broader market.
For the year-end of 2021, the hotel recorded a RevPAR of about $78.57, with room revenues over $1.86 million and net operating income equal to 38.7% of gross income, translating to $721,206 after a four percent capital replacement reserve. Compared to the STR-defined competitive set, the Property reported RevPAR penetration of 100% in 2019 and 102% in 2020.
The hotel is located off the intersection of Interstate 25, a major north-south thoroughfare, and Academy Boulevard. Colorado Springs is approximately 70 miles south of Denver and is home to key demand generators including the United States Air Force Academy (6.4 miles), plus multiple corporate campuses and employers throughout the broader market.
For the year-end of 2021, the hotel recorded a RevPAR of about $78.57, with room revenues over $1.86 million and net operating income equal to 38.7% of gross income, translating to $721,206 after a four percent capital replacement reserve. Compared to the STR-defined competitive set, the Property reported RevPAR penetration of 100% in 2019 and 102% in 2020.
Key Highlights
- $6,400,000 sale price ($98,462 per key) for a Wyndham‑branded limited‑service Baymont Inn & Suites.
- Sits on 1.86 acres off the intersection of Interstate 25 and Academy Boulevard in Colorado Springs.
- 2021 operating metrics: RevPAR about $78.57, room revenues over $1.86M, and net operating income of 38.7% of gross income.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Explore this area
Business Placement
Demographics for 80920, CO
39,540
Population
14,631
Households
2.7
Avg Household Size
37
Median Age
53%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
3,189
Density / Sq Mi
$111,233
Median Household Income
$50,927
Median Earnings
$1,955
Median Rent
$484,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Wyndham-branded limited-service hotel located at a major I-25 and Academy Boulevard intersection with strong on-site operating metrics.
Where is this hotel located?
The property is located at 1055 Kelly Johnson Blvd Colorado Springs, CO.
What are key features of this property?
This property features: $6,400,000 sale price ($98,462 per key) for a Wyndham‑branded limited‑service Baymont Inn & Suites.; Sits on 1.86 acres off the intersection of Interstate 25 and Academy Boulevard in Colorado Springs.; 2021 operating metrics: RevPAR about $78.57, room revenues over $1.86M, and net operating income of 38.7% of gross income.
