8350 RAZORBACK RD COLORADO SPRINGS CO 80920
Fully Renovated Hign net income independent Motel near Air Force Academy for sale
Marketing description
Located at prime location in north of Colorado Springs off at interstate I-25 exit 150 with great view . A very family-friendly motel in Colorado Springs.
Motel providing free wifi, free parking,free breakfast,pet allowed,non smoking on all area.
Room types: Suites and family room.
Recently fully renovated including outside paint and interior painting, new floor, new bathroom etc..
Sight Seeing & Point of interest, amenities:
United States Air Force Academy(5miles), US Air Force Academy Cadet Chapel(6miles),University of Colorado Springs(5.3miles),Chapel Hills Mall, The promenade Shops, Super Walmart, Brand Restaurants, Cowboy(2 miles), ProRodeo Hall of Fame and Museam(2miles),Seven Falls(15miles).
Colorado Springs Airport(11.75mils). Chapel Hill Mall. Promenade Shops.
Restaurant: McDonalds, Jun Japanese Restaurant, CO Mountain Brewery.
Motel reopened on June,2024 after the huge renovation(See pictures).
Investment highlights
Huge net income property around 500k per year!
You can have your investment money back in few years.
Cap rate is nearly 17% .
All rooms included bathrooms and floors are renovated like a hotel.
Please call for the price!
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