Listed by NAI Highland, LLC
$2,500,000
Historic Red Wing Motel
Details
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 11,588
Year Built 1951
Year Renovated 2016
Buildings 1
Stories 2
Acreage 0.450
Zoning C
Hospitality
Marketing description
The historic Red Wing Motel, an 11,588 square foot building originally constructed in 1951 (with expansion in 1961), stands as a charming boutique property in the heart of Manitou Springs, Colorado, offering immediate access to the Garden of the Gods park and stunning views of Pikes Peak. Extensively renovated in 2016 with over $1.3 million invested, this well-maintained, turnkey operation features 19 updated guest rooms alongside a manager's 1-bedroom apartment and an owner's 2-bedroom apartment. This property blends mid-century character with modern comforts including free high-speed internet, smart TVs, and other on-site amenities. The Red Wing Motel is recognized in the area for its cleanliness, quiet location, and welcoming atmosphere. It presents an exceptional opportunity for immediate value-add enhancements in a prime tourist destination.
Investment highlights
- Free High Speed Fiber Optic Internet
- On site Laundromat
- Blocks from Garden of the Gods
- Free shuttle through Manitou Springs (seasonal)
- Smart TV’s with free Netflix
- Coffee and condiments
- Daily Housekeeping Service
- Pet and Smoke free facility in entirety
Listing Contacts
Listed by NAI Highland, LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?














