620 W Colorado Ave Colorado Springs, CO 80905

The Springs Inn, a well-maintained, totally renovated (2023-2024) motel, presents a compelling investment opportunity in the heart of Colorado Springs, CO. This 2-story, solid brick building boasts 29 keys, providing substantial rental income potential. Located at 620 W Colorado Ave, 80905, the property enjoys a prime location within walking distance of downtown Colorado Springs. The substantial building size of 20,806 square feet sits on a generous 30,275 square foot lot, offering ample space and potential for future expansion or development. The property includes a manager's living quarters, adding to its operational convenience. The asking price for this exceptional hospitality asset is $1,800,000. This turnkey operation is ready for a new owner to step in and continue its success. Its strong location and recent renovations make it an attractive investment for those seeking a profitable venture in a thriving Colorado Springs market. The property's solid construction and ample space contribute to its long-term value and potential for increased profitability. This is a rare opportunity to acquire a well-established and highly profitable motel in a desirable location. The Springs Inn offers a blend of immediate income generation and significant long-term growth potential.