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European-style Boutique Hotel


This is clearly one of the best (and newest) boutique luxury hotels in Colorado! 

 

 

This hotel has all the luxury and amenities of a fine hotel, and then some. No expense was spared building this newer European style hotel located in the mountains ON THE RIVER. It pampers guests by offering a distinctly different hotel experience - from large flatscreen TVs to steam showers, espresso machines, and fireplaces.

The owner has approximately $2.5 Mil. in build-out costs alone! High-quality landscaping, construction, and beautifully appointed design throughout the property - a MUST SEE! The property also includes separate managers and owner's apartments. 

A vacationers dream, where guests are treated like royalty as the Five-Star reviews on all major websites proclaim!

Just minutes from world-class skiing, it also offers panoramic views for its guests, and virtually endless possibilities for outdoor adventure abound. Anything from skiing, enjoying all types of restaurants/brewery, and shopping in the winter to fishing, hiking, cycling, etc. in the warmer months. You name it, it's here!

There are myriad growth opportunities for an investor to turn this property into whichever profit center one would desire. Anything from a high-end boutique hotel as it is currently, to a B&B, long-term rental, gift shops etc.

There is also growing development in the area, and the business has several, large, extended stay clients, which can easily be expanded upon. The revenue for these long-term stay clients - even at a discounted rate makes this newer 10-room hotel property a solid investment. 

Serious inquiries only!



21b

Background information

Reference:

21911934-WW

Premises

Facility:

10 units, 24, 318 SF Hotel with $2.5MM in build-out costs in 2008 on the river! $1,080.42 - 2019 personal property taxes $ 18,319.64 2019 real property taxes

Price and terms

Price:

$2,995,000