Extended Stay Hotel with 133
For Sale
Contact for pricing
Pending
3490 Afternoon Cir, Colorado Springs, CO 80910
133-room extended stay hotel offered for sale, with proximity to Colorado Springs Airport and area training and outdoor destinations.
Property SizeContact for details
Days on Market119
Property Features for 3490 Afternoon Cir
General Information
Standard status
Pending
Property subtype
Hospitality
Occupancy
67%
Additional Details
Business Included
Yes
Listing Agency:
HREC Investment Advisors
Listed By:
Wendy Blissett · License #GA 215220
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 8 at 11:53AM
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 HREC Investment Advisors
Investment Insights
Based on property information with market context.
This offering presents the 133-room HomeTowne Studios Colorado Springs-Airport, an extended stay hotel operating under the HomeTowne Studios by Red Roof brand. The property is available for individual sale or as part of a larger portfolio of five similar HomeTowne Studio hotels.
The hotel is located about seven miles from downtown Colorado Springs, with Colorado Springs Airport (COS) approximately 3.5 miles away and the Olympic Training Center about 2.5 miles away. The surrounding area also supports access to hiking and outdoor activities.
Historical revenue provided includes 2020 of $2,029,000 (80% occupancy), 2021 of $2,286,500 (77% occupancy), 2022 of $2,195,000 (73% occupancy), and TTM ending 10/2023 of $1,757,001 (67% occupancy).
The hotel is located about seven miles from downtown Colorado Springs, with Colorado Springs Airport (COS) approximately 3.5 miles away and the Olympic Training Center about 2.5 miles away. The surrounding area also supports access to hiking and outdoor activities.
Historical revenue provided includes 2020 of $2,029,000 (80% occupancy), 2021 of $2,286,500 (77% occupancy), 2022 of $2,195,000 (73% occupancy), and TTM ending 10/2023 of $1,757,001 (67% occupancy).
Key Highlights
- 133‑room HomeTowne Studios Colorado Springs‑Airport extended stay hotel for sale
- Located 3.5 miles from Colorado Springs Airport (COS) and 7 miles from downtown Colorado Springs
- Olympic Training Center is 2.5 miles away
Property Analytics
Current Use
Lease Details
67%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
605
Businesses Nearby
Explore this area
Business Placement
Demographics for 80910, CO
30,991
Population
13,940
Households
2.2
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
6.1 sq mi
ZIP Area
5,080
Density / Sq Mi
$56,681
Median Household Income
$37,110
Median Earnings
$1,299
Median Rent
$276,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 133-room extended stay hotel offered for sale, with proximity to Colorado Springs Airport and area training and outdoor destinations.
Where is this hotel located?
The property is located at 3490 Afternoon Cir Colorado Springs, CO.
What are key features of this property?
This property features: 133‑room HomeTowne Studios Colorado Springs‑Airport extended stay hotel for sale; Located 3.5 miles from Colorado Springs Airport (COS) and 7 miles from downtown Colorado Springs; Olympic Training Center is 2.5 miles away
