650 Champlin Dr - Hospitality FOR SALE


Fountain, CO 80817
$1,380,000 USD
719-337-0999
650 Champlin Dr, Fountain, CO for Sale
$1,380,000 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

Seller Financing Available to Qualified Buyers Fountain Inn is a 34-unit, economy-style motel located directly off I-25 in Fountain, Colorado, adjacent to a major truck stop with excellent visibility and consistent historical demand from travelers, contractors, and workforce housing. Following a temporary closure by the City of Fountain in November 2022 for compliance-related matters, ownership has completed the majority of the required improvements, including roof certification, fire system compliance, and key structural repairs. The remaining items are well-defined, creating a clear path to reopening. To help expedite a sale, seller financing is available to qualified buyers, offering a unique opportunity to acquire this value-add hospitality asset with flexible financing terms. With limited competition in the immediate market, a proven operating history, and significant upside upon reopening, Fountain Inn is positioned for a rapid turnaround and strong long-term cash flow.

FOR SALE DETAILS

PRICE

$1,380,000 USD

PRICE/SF

$141 USD /SF

# OF ROOMS

35

PRICE/ROOM

$39,429 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel Fountain CO US-85

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

41

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 Notice.