Description
Vibrant, successful, historic, 15 room Ski Lodge / B&B with 24 seat restaurant (open to the public) 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! 10.8% Cap Rate and 3.49 GRM.
Listed on the national register of Historic Places, this property is eligible for Historic Preservation and Restoration Grants, but you don't really need them. It's up and running, fully functioning, comfortable, and SOLD OUT most nights in June, July, August, September, December, and March! 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 $140,000 per year.
There are 4 Jacuzzi Suites in the historic B&B, 8 hotel rooms, 1 cabin, 2 - 500 sq ft apartments, and 11 RV sites with full hookups. New indoor hot tub with renovated decking and new electrical and plumbing. All appliances, inventory, and antiques are owned (not leased) and 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, 1bath 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.
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.
Location
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