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Manitou Cog Hotel 229 Manitou Ave

38 Room Hotel Manitou Springs, CO 80829 $2,599,000 USD ($68,395 USD/Room) 14.58% Cap Rate

Investment Highlights

  • Less than 10 mins to Garden of the Gods and The Manitou Incline
  • Amazing view of the Manitou Incline

Attachments

Updated OM 229 Manitou Ave 11.20.24

Property Facts

Price $2,599,000 USD Building Size 15,310 SF
Price Per Room $68,395 USD No. Rooms 38
Sale Type Investment No. Stories 3
Cap Rate 14.58% Year Built/Renovated 1990/2004
Property Type Hospitality Tenancy Single
Property Subtype Hotel Parking Ratio 2.48/1,000 SF
Building Class C Corridor Interior
Lot Size 0.75 AC
Price $2,599,000 USD
Price Per Room $68,395 USD
Sale Type Investment
Cap Rate 14.58%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.75 AC
Building Size 15,310 SF
No. Rooms 38
No. Stories 3
Year Built/Renovated 1990/2004
Tenancy Single
Parking Ratio 2.48/1,000 SF
Corridor Interior

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 9 $195.00 USD -
Guest Room 29 $97.00 USD -
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PROPERTY TAXES

Parcel Number 74043-08-060 Improvements Assessment $127,450 USD
Land Assessment $24,750 USD Total Assessment $152,200 USD

PROPERTY TAXES

Parcel Number
74043-08-060
Land Assessment
$24,750 USD
Improvements Assessment
$127,450 USD
Total Assessment
$152,200 USD

zoning

Zoning Code C, Manitou Springs
C, Manitou Springs
(720) 838-8384

Contact

  • Listing ID: 33949188

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 229 Manitou Ave, Manitou Springs, CO 80829

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Manitou Cog Hotel | 229 Manitou Ave
(720) 838-8384 x

Manitou Cog Hotel | 229 Manitou Ave

Mike Callahan

(720) 838-8384

(720) 838-8384

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