The Spruce Lodge
South Fork, CO
Offered for sale at $1,495,000
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.
15 Guest rooms, all with private baths, strong WI-FI, flat screen TVs, and Direct Tv service.
Lovely, historic lobby with stone fireplace and comfy couches.
Renovated 24 seat breakfast restaurant with full commercial kitchen, and beautiful sunroom with very generous free continental breakfast.
Gorgeous new indoor hot tub.
2000 square foot owners quarters with private bath, private entrance, private yard and private laundry.
13 years of solid financials from current owners. Comprehensive, 85 page buyers packet available.
Many repairs and upgrades have made this property a very solid investment. 4.5 GRM with 11% CAP rate.
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 16,000 SQFT
- Lot is 1 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $1,495,000
- Occupancy Rate: 65%
- Average Daily Rate: 85
- Annual revenue is $340,000
- Terms: Owners will consider 20%c carry with a full price offer from well qualified buyers
- Prequalify for Inn Financing on this property