Hospitality Business for Sale in Colorado Springs, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Colorado Springs, CO 80907
  • Year built: 1968

Description

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualifi ed investors the Rusina Inn & Suites (‘Hotel’ or ‘Property’) located in ColoradoSprings, Colorado. The independently branded Hotel is offered at $2,800,000 or $43,750 per key. The Rusina Inn & Suites is a two-story, two- building hotel with 64 rooms, located at 4610 Rusina Road in Colorado Springs, Colorado. The Hotel is highly visible and easily accessible off Interstate 25,which sees an annual average daily traffic of approximately 10,000 vehicles. Various common area amenities at the Property include an outdoor pool and on-site guest laundry. The on-site restaurant will not be included in this offering. Colorado Springs, part of the Colorado Springs Metropolitan Statistical Area (MSA), is located 70 miles south of Denver at the base of the Rocky Mountains. It is the second-largest city in Colorado withover 500,000 residents and one of the state's fastest-growing cities, projected to expand by 58.6% by 2050. The city offers strong transportation connectivity, with Colorado Springs Airport (COS – 15.8miles) serving over 1.6 million passengers annually and providing direct fl ights to major U.S. cities. Interstate 25 links Colorado Springs to Denver and Pueblo, while U.S. Route 24 connects the city toeastern Colorado and the Rocky Mountains. Situated approximately 170 miles from the New Mexico and Kansas borders, Colorado Springs is a key transportation hub. Colorado Springs has a diversified economy, with key sectors in aerospace, defense, technology, healthcare, and tourism. The city's significant military presence further supports the local economy, with major installations located nearby, including the U.S. Air Force Academy (10 miles), home to over 4,000 cadets and faculty; Fort Carson (14.5 miles), which houses the 4th Infantry Division and employs approximately 25,000 soldiers and civilians; Peterson Space Force Base (12.8 miles),

Market Context

This hospitality in Colorado Springs, CO is listed for sale. It is offered at an approximate 7.4% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1968. It has been on the market for 54 days. Compare it against other hospitality listings for sale in Colorado Springs, CO — <a href="/search/sale/hospitality/colorado/colorado-springs">view the full market</a>.

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