650 Champlin Dr - Hospitality FOR SALE


Fountain, CO 80817
$1,699,000 USD
719-337-0999
650 Champlin Dr, Fountain, CO for Sale
$1,699,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

650 Champlin Dr
Fountain, CO 80817


HIGHLIGHTS

  • 34 rooms, Directly off I-25, next to major truck stop
  • Status: Vacant since Nov 2022
  • Roof certified and approved by the city (Jan 2025)
  • Fire extinguishers serviced and 6-year maintenance completed
  • Backflow inspection passed
  • Structural renovations completed per stamped plans

OVERVIEW

Fountain Inn is a 34-unit, economy-style motel located directly off I-25 in Fountain, Colorado, adjacent to a major truck stop. Historically, the property enjoyed strong occupancy due to its highly visible location and steady demand from travelers and workforce housing. In November 2022, the City of Fountain temporarily closed the motel for compliance-related reasons. Since then, most major issues, including roof certification, fire system compliance, and key structural repairs, have been resolved. This property offers an outstanding value-add opportunity for an operator or investor to complete the remaining, well defined tasks to reopen and capture substantial upside. With minimal competition in the immediate market and historically strong demand, this asset is positioned for a quick turnaround and long-term profitability.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$173 USD /SF

# OF ROOMS

35

PRICE/ROOM

$48,543 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel Fountain CO US-85

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1977

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

R-C

APN/PARCEL ID

56072-03-008

ASK ABOUT THIS PROPERTY

Holly TrinidadHoff & Leigh Colorado Springs, LLCMore Info
719-337-0999

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Holly TrinidadHoff & Leigh Colorado Springs, LLCMore Info
719-337-0999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.