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Manitou Cog Hotel 229 Manitou Ave

38 Room Hotel Manitou Springs, CO 80829 £2,033,588 (£53,515/Room) 14.58% Net Initial Yield

Investment Highlights

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

Property Facts

Price £2,033,588
Price Per Room £53,515
Sale Type Investment
Net Initial Yield 14.58%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.75 AC
Building Size 15,310 SF
No. Rooms 38
Number of Floors 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 Wi-Fi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 9 £152.58 -
Guest Room 29 £75.90 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
74043-08-060
Land Assessment
£19,366
Improvements Assessment
£99,723
Total Assessment
£119,089

zoning

Zoning Code C, Manitou Springs
C, Manitou Springs
  • Listing ID: 33949188

  • Date on Market: 21/11/2024

  • Last Updated:

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

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