3490 Afternoon Cir Colorado Springs, CO 80910

Listing agency HREC Investment Advisors

Listed by Wendy Blissett · License #GA 215220

Source Crexi

Added: Apr 12 Updated: Jul 21 at 10:32PM Checked: Jul 22 at 7:16AM

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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).

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

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FAQs

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