$1,600,000

57975 State Highway 69

Westcliffe CO, 81252

Description

Live your Colorado dream of owning an immaculate, turn-key 28 room hospitality business. Located on 3.6 acres in the Town of Westcliffe and sandwiched between the Wet and Sangre de Cristo mountains. Minutes from awe-inspiring 14,000 foot mountain views, fishing one of the 54 alpine lakes, hiking or biking Colorado's Rainbow Trail, 4-wheeling, cross-country skiing or camping in national forest, hunting, and star-gazing at Smokey Jack Observatory. All for you and your guests. Property is cost-efficient and serviced by town water and sewer. 24 double queen rooms; 4 king bed suites w/ jacuzzi tubs. 2 rooms are ADA compliant. Hot tub on-site for guests. 1596 sf, 3 bedroom, 2 bath owner's / manager's living quarters with full kitchen, washer, dryer, and wood stove. Price is a 19% ROI on 2018 net income. 2019 income stronger in second half and slated to be at or near same. RezStream software system, two sets of linen for each room, and newer laundry appliances. A can't miss opportunity

Details

MLS#7550455
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1984
Days On Site129

Features

SQ Feet10,986
Story(s)0
ZoningCommercial

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Area Information

StateCO
CountyCuster
CityWestcliffe
Zip Code81252
Listing VS Median (in 81252)
Price:
$1,600,000
low | high
Med:
$179,000
100% of Average
SqFt:
10,986
low | high
Med:
0
100% of Average
$ / SqFt:
$146
low | high
Med:
$0
100% of Average
On Site:
129
low | high
Med:
157
82.165605095541% of Average
Listing Updated: 12/21/2019
MLS Number: 7550455
Listing Provided By:
Walt Harder  of  Harder Real Estate and Development LLC