The Spruce Lodge - 15 bed, 15 Bath SKI LODGE

South Fork, CO
www.loopnet.com/Listing/29431-US-Highway-160-Sou
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Property Type
Bed & Breakfast / Inn
Guest Rooms
15
Baths
15
Restaurant
Yes
Owners Quarters
Yes
Asking Price
$1,500,000

Occupancy Rate
79%
Average Daily Rate
$85
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

Vibrant, successful, historic B&B in Colorado Ski Country! 15 guestrooms, 15 bathrooms, 24 seat breakfast restaurant, full commercial kitchen, indoor hot tub. In continuous operation since 1926. Fully furnished and stocked. $380,000 average yearly revenues. Currently open, operating, ready to go. Seamless transition for new owners, as reservations will be booked through closing, with no interruptions and no gaps. Hundreds of GREAT guest reviews, tens of thousands of happy guests. Positive cash flow, 7.3% cap rate, 3.2 GRM. $140,000 net operating income. 15 years of documented financials.