Colorado Springs Airbnb
UPDATE: Colorado Springs has a proposed ordinance that would regulate short-term rentals like Airbnb and VRBO. Read more here.
Unlike its neighbor to the north, Colorado Springs is wide open for Airbnb investment properties.
The city has no rules outlawing short-term rentals and has no plans to do so. In fact, the planning department official we've spoken to said they welcome real-estate investors looking to buy a Colorado Springs Airbnb investment property.
The demand for Airbnb (and VRBO) stays is not quite as high in Colorado Springs as it is in Denver, but it's still great and the upside is the city's permissive regulatory environment allows you to scale a short-term rental model. Investors can buy one house, two houses, four houses, a duplex, a triplex, whatever and rent it all on Airbnb full-time.
An Airbnb investment property in Colorado Springs is also an interesting play because the city is on a lot of people's top 10 lists for places to invest. The city is growing, it's actually a lot cooler than it used to be, and it's getting the spillover from Denver residents priced out of that market.
Interested in buying an Airbnb investment property in Colorado Springs? Contact us today.
STR property management?
For help managing a Colorado Springs Airbnb or VRBO-style short-term rental reach out to Tim Thornton at TOV Property Solutions.
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