Description
Vibrant, successful, historic, 15 room Ski Lodge / B&B with 24 seat dining room and fully renovated commercial kitchen near Wolf Creek Ski Area in the sunny, Southern Colorado Mountains! 360-degree mountain views, fully-furnished, turn-key with great guest reviews. Open year-round with two very strong peak seasons - summer tourist season and winter ski season. UP TO 20% Owner Financing Available! 12.8% Cap Rate and 3.49 GRM. 11 RV sites with full hookup on over 1 acre are INCLUDED. This property is open, fully functioning, comfortable, and SOLD OUT most nights in June, July, August, September, December, and March! The average yearly gross revenue for the last four years is $390,000 providing a comfortable salary plus full living quarters, utilities, and much, much more for the owners or on-site manager. Net operating income is $150,000 per year. New indoor hot tub with renovated decking and new electrical and plumbing, all appliances, inventory, and antiques are included with the sale, (save a few personal items.) Many, many upgrades have been made to this property to ensure it runs smoothly and is LOVED by guests and employees alike. The owner's quarters are 2,000 square feet, 3 bedrooms, 1 bath with a private entrance, private laundry, private yard, and wood-burning stove. This large, efficient B&B has a solid client base, hundreds of return guests each year, and is set up for a smooth transition in ownership. Training is available if desired. All rooms, apartments, and cabins have Direct TV and fast, reliable Wi-Fi. The dining room has been used as a full-service restaurant before and could be used that way again. Or, this commercial space could be leased out or repurposed in any way you choose! Please note - the listing agent is also the property owner. Please see virtual tours for a drone video, a 3D interactive walkthrough and a complete video tour with the owner.
School Ratings & Info
Offered by Steffens And Company Realty Inc..Description
Vibrant, successful, historic, 15 room Ski Lodge / B&B with 24 seat dining room and fully renovated commercial kitchen near Wolf Creek Ski Area in the sunny, Southern Colorado Mountains! 360-degree mountain views, fully-furnished, turn-key with great guest reviews. Open year-round with two very strong peak seasons - summer tourist season and winter ski season. UP TO 20% Owner Financing Available! 12.8% Cap Rate and 3.49 GRM. 11 RV sites with full hookup on over 1 acre are INCLUDED. This property is open, fully functioning, comfortable, and SOLD OUT most nights in June, July, August, September, December, and March! The average yearly gross revenue for the last four years is $390,000 providing a comfortable salary plus full living quarters, utilities, and much, much more for the owners or on-site manager. Net operating income is $150,000 per year. New indoor hot tub with renovated decking and new electrical and plumbing, all appliances, inventory, and antiques are included with the sale, (save a few personal items.) Many, many upgrades have been made to this property to ensure it runs smoothly and is LOVED by guests and employees alike. The owner's quarters are 2,000 square feet, 3 bedrooms, 1 bath with a private entrance, private laundry, private yard, and wood-burning stove. This large, efficient B&B has a solid client base, hundreds of return guests each year, and is set up for a smooth transition in ownership. Training is available if desired. All rooms, apartments, and cabins have Direct TV and fast, reliable Wi-Fi. The dining room has been used as a full-service restaurant before and could be used that way again. Or, this commercial space could be leased out or repurposed in any way you choose! Please note - the listing agent is also the property owner. Please see virtual tours for a drone video, a 3D interactive walkthrough and a complete video tour with the owner.
Licensed in the State of Colorado, USA
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