123 Manitou Ave, Manitou Springs sells for $2,600,000

Date: 8/26/22

***Brent Ryerson and Chase Sullivan with Capital Property Group represented the list side on the sale of 123 Manitou Ave, Manitou Springs, CO 80829 on August 26, 2022, which sold for $2,600,000 ***

Manitou Springs, Colorado — Congratulations to Brent Ryerson and Chase Sullivan for closing on 123 Manitou Ave, Manitou Springs, CO 80829 which closed on August 26, 2022, that sold for $2,600,000! We could not be more excited for the sellers on their closing success!

This is a Hotel, Motel located in Manitou Springs that sits on 2.18 Acre on land minutes away from Garden of the Gods. The hotel, built in 1955 generates $600,000 annual income from operations.

With Manitou Cliff Dwellings reachable within 1.5 miles, La Fon Motel provides a seasonal outdoor swimming pool, non-smoking rooms, free WiFi and a garden. The motel has a playground. Cycling is among the activities that guests can enjoy near La Fon Motel. The nearest airport is Colorado Springs Airport 15 miles from the accommodation.