Scott Stecken & Karen Kovacik Colorado's Most Experienced Inn Brokers P. O. Box 1202, South Fork, CO 81154 Tel. (719) 588-9394 - Fax (719) 325-7873 Email - commerce@commerceteam.com

Colorado Historic Inn for Sale plus 2 Apartments, 2 Retail Spaces, Owners Quarters

PRICE REDUCED TO $449,500
Creative Financing will be considered - PROFITABLE BUSINESS

Location

This property is located in a fantastic developing outdoor sports destination location. Situated in Grand County, Colorado, world class downhill skiing is just a short drive from the property. Try Vail, Beaver Creek, Copper Mountain, Keystone, Breckenridge, Arapahoe Basin, Steamboat Springs, Winter Park and Sol Vista!  There are also over 300 miles of Nordic skiing trails in Grand County. This area also offers excellent hunting, snowmobiling, snowshoeing, fishing, hiking, ice fishing, horseback riding, rafting, mountain biking, ATVing, and more.  This area is truly a sportsman's paradise. 

Property

This property is a true historic hotel  and is a unique, charming, and lovingly maintained by the present owner. It features natural woodwork, art deco, light fixtures and classic furniture.  Property offers quaint "European Style rooms" as well as modern rooms with private bath and cable television. The hotel was built in 1906 as a bottling works and boarding house. In 1933 a large addition was added and the hotel catered to train-hopping traveling salesmen. 

Property offers 27 rooms, owners quarters with two bedrooms, living room, kitchen, dining area, lobby, two apartment rentals, garage, and two retail spaces. There is much potential to expand and or upgrade the facility should a new buyer wish to offer more upscale rooms. This property has many nice features on the outside and is definitely NOT a drive by property. You must see the inside to appreciate its qualities and potential. A buyer wishing more upscale rooms may want to consider reducing 27 rooms smaller rooms to fewer more luxurious rentals and an upscale product.

Multi Use Property

This property offers not just guest rooms. The 27 rooms plus 3 bedroom/2 bath owners quarters, 2 apartment rentals, and 2 retail space rentals offer a variety of different uses which will bring an owner different income revenue streams.

Pricing

Price reduced to $449,500.  Seller is motivated to sell and will look at offers. This property is for sale due to continuing seller health issues and a desire to retire.

Financial Information

2007 Gross Revenue:  $198,000 +/-
2008 Gross Revenue:  $164,000 +/-

Financing

Extensive financials exist on this property. Financials will be made available to a serious and qualified buyer with a signed confidentiality agreement. Bank financing should be available and seller is willing to consider some creative options at the seller's sole option. 

To Set a Showing

Please contact Scott Stecken, Independent Broker, cell 719 588-9394 (8am-8pm mtn time). Email scottstecken@gmail.com  This property is co-listed by Scott Stecken, Broker, and Karen Kovacik, Broker. Brokers, please prequalify your buyers prior to setting a showing appointment.  Seller has asked this property only be shown to prequalified buyers. Property will NOT be shown without a showing appointment.  

Photos

We are trying to get better and updated photos. This property has incredible potential. NOT a drive by - MUST SEE INSIDE!

 

Lobby	Hall
Guest Room	Guest Room

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Scott Stecken & Karen Kovacik
Colorado's Most Experienced Inn Brokers
P. O. Box 1202, South Fork, CO 81154
Scott Stecken - cell (719) 588-9394
Karen Kovacik - cell (719) 588-1433 or  Fax (719) 325-7873
Email - kkovacik12@netzero.com