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Ouray Chalet Inn

Ourary, CO   Offered for sale at $3,000,000

HREC Investment Advisors (“HREC IA”) is pleased to present to qualified investors the opportunity to acquire the fee-simple interest in the Ouray Chalet Inn (“Hotel” or “Property”) located at 510 Main Street, in the center of Ouray, Colorado. Also known as "the Switzerland of America" due to it's location in some of the most rugged and towering peaks of the Rockies, Ouray has been a favorite destination of both local and world travelers for more than 100 years. Set at the narrow head of a valley at 7,792 feet and surrounded on three sides with 13,000 foot snowcapped peaks, Ouray is home to hundreds of miles of historic Jeep roads, sulfur-free hot springs, the world famous Ouray Ice Park, Box Canyon Waterfalls, and extensive hiking opportunities.

Investment Highlights:

Excellent Rebranding Opportunity - only one branded hotel within a 35 mile radius (Comfort Inn Ouray)

In the heart of the scenic San Juan Mountains, Ouray is considered both the "Ice Climbing Capital of the World" and the "Jeep Capital of the World" generating tourist demand year round

The northern gateway of the "Million Dollar Highway," a 70 mile scenic stretch of road that has some of Colorado's most spectacular views, generating extensive motorcycle tourism

One hour drive to Telluride, Colorado's most renowned ski resort, and 50 minute drive to Montrose Regional Airport, the fastest growing airport in Western Colorado with 225,000 deplanements in 2017

The Ouray Chalet Inn was opened in 1965 and features 32 guestrooms. The Hotel offers an outdoor hot tub and complimentary grab & go breakfast. Room amenities include free Wi-Fi, satellite TV, microwave, refrigerator, coffee/tea maker, and hairdryers. The Hotel is in very good condition and is exceptionally well maintained and cared for by the original owners.

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Property Details
Financial Details
  • Offered for sale at $3,000,000
  • Occupancy Rate: 57.5
  • Average Daily Rate: 97.34
  • Annual revenue is $653,740
Contact Information