- For Sale $8,500,000
- Property Type Other
- Units 124
- Lot Size 2.9 Acre
- Parking Spaces Avail. 141
- Year Built 1985
- Year Renovated 1985
- Date Updated May 11, 2026
Description
Garden of the Gods – Located less than 2 miles from the property, providing immediate access to one of Colorado Springs’ most recognizable natural landmarks.
United States Air Force Academy – Approximately 6 miles from the property, offering convenient access to a major institutional hub in the region.
University of Colorado Colorado Springs – Situated within 5 miles of the property, allowing for easy access to a major higher education campus.
Interstate 25 – The property is positioned directly off Interstate 25, a primary north-south transportation corridor.
UCHealth Memorial Hospital Central – Located approximately 6 miles from the property, providing proximity to a major regional healthcare facility.
Pikes Peak – Situated within 15 miles, offering convenient access to one of Colorado’s most prominent natural attractions.Invest in the future of hospitality with 555 Garden Of The Gods Rd. This prime property, boasting 124 units, is an ideal opportunity for the savvy investor. Built in 1985 and thoughtfully renovated, it offers modern amenities while preserving its classic charm. Zoned C-6 and situated in the vibrant Colorado Springs area, it's perfectly positioned for success. With its desirable location and potential for growth, this property promises a lucrative return on investment for the forward-thinking hospitality or full-service investor.
Highlights
- $20 RevPAR Increase to Upper Midscale
- $65,000 per Key – Under Replacement Cost
- 3.3 RRM
- 4 Story Interior Corridor
- Full PIP Completed 2021
- Repositioning Opportunity - Multiple Conversion Flags Available - Including City Express by Marriott
- Stabilized 10% Cap Rate
- Value Add Opportunity - Currently Operated by 3rd Party Independent Management Company
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Contacts
Bryan Swanson
Tammen Hospitality Partners
Location
Located at 555 Garden Of The Gods Rd, Colorado Springs, CO 80907, this property is part of the Holland Park neighborhood and Denver market.
Contact Listing Broker
Bryan Swanson
Tammen Hospitality Partners