Frank Marcy - Coldwell Banker Distinctive Properties
29431 Us Hwy 160
South Fork, CO 81154

$1,495,000

Description

Successful, historic, 15 room Bed & Breakfast / Hotel 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. 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 $340,000 providing a comfortable salary PLUS full living quarters, utilities and much, much more for the owners or on-site manager. 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. All rooms, apartments and cabins have Direct TV and fast, reliable Wi-Fi. Brand 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 is 2,000 square feet, 3 bedrooms, 1 bath with a private entrance, private laundry, private yard and woodburning stove. An innkeeper's couple currently lives on site and manages many of the day to day duties of the property.

Details

MLS#751678
Sub-TypeResale
StatusActive
Year1950
Days On Site49

Features

SQ Feet12,000
Story(s)0
Units15
ZoningCommercial

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Area Information

StateCO
CitySouth Fork
Zip Code81154
AreaSouth Fork
Listing VS Median (in 81154)
Price:
$1,495,000
low | high
Med:
$89,000
100% of Average
SqFt:
12,000
low | high
Med:
0
100% of Average
$ / SqFt:
$125
low | high
Med:
$0
100% of Average
On Site:
49
low | high
Med:
423
11.583924349882% of Average
Listing Updated: 12/10/2018
MLS Number: 751678
Listing Provided By:
Dee Plucinski  of  Steffens and Company Realty Inc



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