Bross Hotel Bed & Breakfast

Paonia, Colorado
paonia-inn.com
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Property Type
Bed & Breakfast / Inn
Guest Rooms
10
Baths
13
Restaurant
No
Owners Quarters
Yes
Asking Price
$998,000

Occupancy Rate
56%
Average Daily Rate
NA
Gross Revenue
$182,000
Gross Revenue Multiplier
NA

Property Overview

Nestled in a lush mountain valley in the Rocky Mountains of Colorado, the Bross Hotel Bed & Breakfast has greeted guests with elegance and charm since 1906. The valley boasts of a micro-climate that allows commercial orchards, fruit stands, vineyards and wineries to abound which attracts visitors from all across the country. The county has the highest concentration of organic farms in the country and is known as the "farm to table" capital of Colorado. We are also close to the Black Canyon which is a breath-taking National Park drawing many visitors.


Property Description

This historic hotel can be found on the U.S. Historic Registry and has retained its Victorian period flavor while modern updates have been tastefully added. Located on a quiet side street in a mountain village of 1,451, all of the downtown's shops, restaurants, breweries, performing arts center and theater are within easy walking distance from the hotel. The Bross Hotel Bed & Breakfast has a long-standing reputation for exceeding travelers and adventurer's expectations with delightful stays and amazing breakfasts evidenced by the many positive reviews.


Business Description

The property offers 10 fruit-themed guest rooms, all with their own individual bathrooms. The hotel completed a major renovation which updated the electrical, plumbing, sound proofing in guest room walls and in-floor heating on the main floor level. The hotel offers a parlour, dining room, commercial kitchen, office, weight room/living room with large screen TV, Innkeeper's living area/bedroom, balcony, porches, hot tub, out-buildings, garden areas, and large off-street parking lot.


Reason for Selling

Retiring.


Terms & Asking Price