Seller Financing Available
Turn Key, Very Profitable Motel for sale
Outdoor Sportsman's Paradise
Very successful hotel on over 2 acres with a huge parking lot. Located in gorgeous North Park. Mountain views in every direction. Sportsman's paradise & photographer's dream, with abundant wildlife, hunting, fishing, sand dunes, snowmobiling, hiking, cross country skiing, etc... 18 re-modeled, exterior entrance (1,2 & 3 bedrooms w/kitchens), plus, 18 newer (built 2009) interior entrance w/ fridge/micro/coffee, custom log furniture, 32" t.v's, inside hot tub, guest laundry, ice & vending machine. Plus, 2 houses (Cabin #30 & #31),that are 947 sq' & 1,158 sq', both with garages (one garage is heated & used for guest to work on their snowmobiles, FREE of charge). Plus, 3 bed/2 bath, 1400 sq' manager's home w/ 3 car heated garage, mud room, & office attached. 9 storage garage units. Vacant 125' x 125' adjoining land. We have owned & managed the hotel for 10 yrs, and have taken pride in the many improvements we have done, and are ready to move on. Perfect set up for investor with a manager, or the business can support 2 families. All new roofs. Improvements done in 2015- 18 exterior entrance rooms- all new bed skirts, blankets, bedspreads, side chairs, gutters & soffits, outside entrance mats. Office computer, 11 (32"tv's), (couch, love seat, coffee table & 2 end tables)-Cabin #30. March 2015- gutted 3 of the exterior rooms- Everything in the rooms are brand new, check our website for more pics www.northparkinnandsuites.com, 2- housekeeping rooms w/ commercial washer & dryer in each. 20,529 sq' of buildings. Income-2014-$728,221, 2013- $677,577, 2012- $580,064. Bank is willing to give a loan with 15% down, or owner will sell on contract (lease to purchase) with $200,000 down, $16,000/month & will carry for 2 years. This is a very profitable turn key business so the asking price is $2,400,000. Cap Rate 14.9%.
REVPAR-$52.50 Appraised at $2,840,000 (2014). Only serious buyers please.
We are the newest & largest lodging in Walden, w/ a perfect location, at 3 major intersections,(1 hr from Steamboat Springs, CO, Granby, CO, Laramie, WY & 2 hrs to Ft. Collins, CO, and Denver, CO) On the designated TransAmerica bicycle route. Within walking distance to downtown & restaurants.
May 1st until the 2nd week of November is our busy season. Hunting is 3 months long (2nd week of Aug- 2nd week of Nov.) Moose viewing capital of Colorado (over 600 in Jackson County).A group destination- motorcyclist, bicyclist, weddings, family reunions, Sage Grouse Tours (April), hunters, fishermen, ice fishermen, snowmobilers, oil workers & construction workers. Many tourist on their way to and from Rocky Mountain National Park & Yellowstone Park.