InnShopper > Inns for Sale > Colorado > South Fork > The Spruce Lodge - 15 Rooms OWNER FINANCING!

The Spruce Lodge - 15 Rooms OWNER FINANCING!


South Fork, CO   Offered for sale at $1,250,000
 

Colorado Ski Lodge!!

This lovely, historic inn is busy! Fully staffed, fully stocked, fully turn-key. $340,000 Avg yearly revenues. Listed on the National Register of Historic Places. $100,000 of future revenues on the books!

15 Guest rooms, all with private baths, strong WI-FI, great beds, flat screen TVs, and Direct Tv service. GUESTS LOVE US!

Lovely, historic lobby with stone fireplace and comfy couches.

Renovated 24 seat breakfast restaurant with full commercial kitchen, and a beautiful sunroom with very generous free continental breakfast.

Gorgeous new indoor hot tub.

3 bedroom, 1 bath, 2000 square foot owners quarters with private entrance, private yard, and private laundry.

13 years of solid financials from current owners. Comprehensive, 85-page buyers packet available. 20% OWNER'S FINANCING NOW AVAILABLE!

Many repairs and upgrades have made this property a very solid investment. 3.67 GRM with 11% CAP rate. $137,000 NOI



Property Details
  • 15 Guest Rooms
  • 15 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1926
  • Last Renovated in 2018
  • Opened in 1926
  • Building is 12,000 SQFT
  • Lot is 1.17 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $1,250,000
  • Occupancy Rate: 65%
  • Average Daily Rate: 85
  • Annual revenue is $340,000
  • Terms: Owners will offer A 20% owner carry with a full price offer from well qualified buyers
  • Prequalify for Inn Financing on this property
Contact Information