6875 Space Village Ave, Colorado Springs, CO 80915

Travelodge by Wyndham Peterson Space Force Base – Colorado Springs, CO

Jamis Companies is pleased to present the exclusive opportunity to acquire the Travelodge by Wyndham Peterson SFB, a recently renovated 90-room limited-service hotel strategically located in Colorado Springs, just minutes from Colorado Springs Airport.

The property underwent significant renovations in 2025, with approximately $400,000 in capital improvements, including a new boiler system and cosmetic upgrades throughout the hotel. The property consists of two buildings totaling 38,191 square feet on 2.19 acres, featuring a 70-room interior corridor main building and 20-room exterior corridor suites building. The suites include kitchenettes, living rooms, and separate bedrooms, making them well suited for extended-stay guests.

The hotel benefits from excellent visibility and accessibility near Highway 24, positioned at a major gateway for travelers entering Colorado Springs from the east via Highway 94. The property is surrounded by strong and diverse demand drivers including military, corporate, construction, and leisure travel.

Nearby demand generators include Peterson Space Force Base, United States Air Force Academy, and popular tourist attractions such as Garden of the Gods, Pikes Peak, Cheyenne Mountain Zoo, Manitou Springs, and the United States Olympic & Paralympic Training Center.

The property has demonstrated strong historical performance, consistently generating over $1.8 million in annual revenue during the past three years, while achieving a RevPAR index above 130 compared to its competitive set.

1) 2023 Financials

a. Total Taxable Room Revenue-$1,922,212

b. Occupancy-81.38%

c. ADR-$69.04

d. RevPAR-$60.95

2) 2024 Financials

a. Total Taxable Room Revenue-$1,835,607

b. Occupancy-75.20%

c. ADR-$63.62

d. RevPAR-$52.46

3) 2025 Financials

a. Total Taxable Room Revenue-$1,808,053

b. Occupancy-88.98%

c. ADR-$60.48

d. RevPAR-53.82

Additionally, the hotel is located within a federally designated Opportunity Zone, creating potential tax advantages for investors. The 20 exterior corridor suites provide a unique repositioning opportunity for conversion into multifamily housing or assisted living units, supported by flexible CC CAD-O zoning.

This offering presents a compelling owner-operator opportunity, featuring an onsite manager’s apartment, minimal expected franchise Property Improvement Plan (PIP) requirements, and the ability to further increase revenue through operational improvements and repositioning.