42-Room Super 8
New
For Sale
$2,200,000
1790 Aeroplaza Dr, Colorado Springs, CO 80916
Guest amenities include a breakfast room, business center, complimentary parking, and Wi-Fi.
Property Size19,234 SF
Lot Size1.03 Acres
Price / SF$114.38
Days on Market4
Property Features for 1790 Aeroplaza Dr
General Information
Standard status
Active
Size
19,234 SF
Lot size
1.03 Acres
Property subtype
Hotel-Motel
Additional Details
Asking Price
$2,200,000
Amenities
breakfast room
business center
free Wi-Fi
Strong Wyndham Brand Affiliation: A 42-Room Hotel Operating Under the Super 8 by Wyndham Flag with National Brand Recognition.
Strategic Airport Location: Positioned Near Colorado Springs Airport and Major Regional Transportation Infrastructure.
Military Demand Base: Benefits From Proximity to Peterson Space Force Base, Schriever Space Force Base, and Fort Carson.
Established Aerospace and Defense Market: Supported by Employers Including Boeing, Lockheed Martin, L3Harris Technologies, and Northrop Grumman.
Major Healthcare Demand Generators: Near Penrose-St. Francis Health Services and UCHealth Memorial Hospital Central.
University Demand Driver: Benefits From Visitation Generated by the University of Colorado, Colorado Springs.
Premier Tourism Market: Near Garden of the Gods, Pikes Peak, U.S. Air Force Academy, Seven Falls, and Numerous Regional Attractions.
Sports and Event Demand: Close to Weidner Field, Broadmoor World Arena, and Colorado Springs Event Center.
Building Details
Year Built
1997
Buildings
1
Listed By:
Huberth Marak · License #License(s): CO: FA.100091977
(303) 328-2029
Source:
Marcusmillichap
Added: Oct 7
Last Checked: Oct 9 at 4:18PM
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 Huberth Marak
Investment Insights
Based on property information with market context.
The Super 8 by Wyndham in Colorado Springs is a 42-room hotel in an approximately 19,234-square-foot building on a 1.03-acre site. Built in 1997, the property includes a breakfast room and business center, with complimentary parking and Wi-Fi for guests. A water heater was installed in 2023, and the roof was replaced approximately seven years ago.
Located at 1790 Aeroplaza Drive, the hotel is in Colorado Springs, Colorado. Colorado Springs Airport serves regional and national travelers, while the area draws visitors for education, business, healthcare, military and government activity, leisure travel, and events.
Located at 1790 Aeroplaza Drive, the hotel is in Colorado Springs, Colorado. Colorado Springs Airport serves regional and national travelers, while the area draws visitors for education, business, healthcare, military and government activity, leisure travel, and events.
Key Highlights
- 42 guest rooms in an approximately 19,234‑square‑foot building
- 1.03‑acre site in Colorado Springs
- Super 8 by Wyndham hotel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,597
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,411,940
$2.4M
Cap Rate 7%
$1,722,814
$1.7M
Cap Rate 9%
$1,339,967
$1.3M
Market Conditions
NOI Build-Up for 19,234 SF
Gross rent
$288.5K $15.00/SF
− Vacancy
−$34.6K −$1.80/SF
EGI
$253.9K $13.20/SF
− OpEx
−$133.3K −$6.93/SF
NOI
$120.6K $6.27/SF
Area
ZIP 80916
Vacancy
12.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,411,940
Cap Rate 7%
$1,722,814
Cap Rate 9%
$1,339,967
Alternative Uses
Best Use
Hotel Hospitality
$1.72M
$1.51M – $2.01M
NOI $120,597 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.47M
$3.91M – $5.21M
NOI $312,688 @ 7.0% cap · market cap 14.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Explore this area
Business Placement
Demographics for 80916, CO
39,990
Population
15,464
Households
2.6
Avg Household Size
30
Median Age
18%
College-Educated
88%
High-School Grad
18.4 sq mi
ZIP Area
2,173
Density / Sq Mi
$63,399
Median Household Income
$37,708
Median Earnings
$1,505
Median Rent
$289,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Guest amenities include a breakfast room, business center, complimentary parking, and Wi-Fi.
Where is this hotel located?
The property is located at 1790 Aeroplaza Dr Colorado Springs, CO.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 42 guest rooms in an approximately 19,234‑square‑foot building; 1.03‑acre site in Colorado Springs; Super 8 by Wyndham hotel
