9856 federal dr colorado springs co 80921

Hotel-Motel

9856 Federal Dr, Colorado Springs, CO 80921

Listing Price: $12,500,000

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Colorado Springs AFA Northgate, a four-story limited service hotel located in Colorado Springs, Colorado. The hotel's 87 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include a heated outdoor pool & spa, meeting space, business center, fitness center, complimentary breakfast and guest laundry facilities. The property is ideally located off of Interstate 25 and near the United States Air Force Academy. Several major companies are located less than a mile from the property, including Lockheed Martin RMS, Bal Seal Engineering, Inc, Philips, Northrop Grumman, Western Digital and Progressive Insurance. Also located 20 miles from the property is the Peterson Space Force Base, which has a $1.3 billion yearly economic impact. The Holiday Inn Express & Suites Colorado Springs AFA Northgate the opportunity to acquire an IHG-branded hotel in a desirable market near several demand drivers. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Southern Colorado region.

Investment Highlights

• Adjacent to the United States Air Force Academy
• 20 Miles to Peterson Space Force Base | $1.3 Billion Yearly Economic Impact
• Short Drive to Garden of the Gods, A Popular Natural Landmark
• Conveniently Located off of Interstate 25
• 20 Miles to Colorado Springs Airport

Exclusively Listed By

• Joshua S. Tammen

  Vice President Investments

• Gordon Allred

  Senior Managing Director Investments

Broker of Record

• Adam Lewis

  Vice President/Regional Manager

Listing Price: $12,500,000

Investment Highlights

• Adjacent to the United States Air Force Academy
• 20 Miles to Peterson Space Force Base | $1.3 Billion Yearly Economic Impact
• Short Drive to Garden of the Gods, A Popular Natural Landmark
• Conveniently Located off of Interstate 25
• 20 Miles to Colorado Springs Airport

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Colorado Springs AFA Northgate, a four-story limited service hotel located in Colorado Springs, Colorado. The hotel's 87 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include a heated outdoor pool & spa, meeting space, business center, fitness center, complimentary breakfast and guest laundry facilities. The property is ideally located off of Interstate 25 and near the United States Air Force Academy. Several major companies are located less than a mile from the property, including Lockheed Martin RMS, Bal Seal Engineering, Inc, Philips, Northrop Grumman, Western Digital and Progressive Insurance. Also located 20 miles from the property is the Peterson Space Force Base, which has a $1.3 billion yearly economic impact. The Holiday Inn Express & Suites Colorado Springs AFA Northgate the opportunity to acquire an IHG-branded hotel in a desirable market near several demand drivers. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Southern Colorado region.

Exclusively Listed By

• Joshua S. Tammen

  Vice President Investments

• Gordon Allred

  Senior Managing Director Investments

Broker of Record

• Adam Lewis

  Vice President/Regional Manager

Overview

• Details
• Year Built: 2018
• Check in Time: 3:00 PM
• Check out Time: 11:00 AM
• Number of Floors: 4
• Chain: Holiday Inn Express Hotels
• Chain Website: www.hiexpress.com/

• Holiday inn Express & Stes AFA Northgate GDS Codes
• Amadeus GDS: HI COS411
• Galileo/Apollo GDS: HI E3969
• Sabre GDS: HI 319563
• WorldSpan GDS: HI 9233

Holiday inn Express & Stes AFA Northgate Rates & Policies

• Credit Cards: Credit Cards Are Accepted
• Reservation Policy: Reservations must be guaranteed with a credit card

Holiday inn Express & Stes AFA Northgate Room Amenities

Amenities are in all rooms unless noted otherwise.

• Coffeemaker
• Iron/Ironing Board
• Microwave Oven

• Rooms for Non-smokers
• Refrigerator
• Internet Access (High Speed & Wireless)

Holiday inn Express & Stes AFA Northgate Recreation

• On-Site Activities
• Health Club
• Hot Tub
• Pool (Indoor Pool, Outdoor Pool)

• Nearby Activities
• Golf Course

Holiday inn Express & Stes AFA Northgate Hotel Services & Facilities

• Guest Services
• Laundry Room
• Free Onsite Parking
• Room Service
• Wheelchair Access to Common/Public Areas
• Common Area Internet Access (High Speed & Wireless)

• Security Services
• Smoke Alarm in Rooms
• Sprinkler in Rooms