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118 6TH Ave
Ouray, CO 81427

$2,673,000 USD

Hotel For Sale • 4,986 SF

Property Details

Property Type Hotel
Total Building Size 4,986 SF
Lot Size 0.16 AC
Building Class C
Year Built 1979
Cap Rate 8.75 %
Zoning 4

30 Walk Score

Description

Black Bear Manor is located at 118 6th Avenue in Ouray, Colorado. The building is situated on a quiet street near the Uncompahgre River and within walking distance of the Main Street commercial district. The property includes multiple guest accommodations with attached bathrooms, outdoor seating decks, and shared common areas. Upgrades include remodeling work on guest rooms, a kitchen, and observatory, as well as site improvements such as roof stabilization, new decking, and drainage enhancements. The location is in proximity to leisure destinations and natural amenities in Ouray County, Colorado.

                
                    Highlights
                
                                fully turn-key hospitality business — including real estate, furnishings, and operational setup
                            
                                just 2 blocks from Main Street, walking distance to downtown shops, river, and the Uncompahgre River.
                            
                                well reviewed

Property Flyers

BBM T12 P&L (2)

BBM 2024 P&L (1)

Financial Summary (Proforma)

Net Operating Income: $293,121 USD (2026)

Cap Rate:	8.75 %
Total Expenses:	$146,057 USD

Amenities

Balcony
High Speed Internet Access
Patio
Bed & Breakfast
Public Access Wifi
Smoke-Free
Hot Tub
Fully-Equipped Kitchen

Public Transportation

Airport	Drive	Walk	Distance
Montrose Regional	60 min	-	40.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	7
Type:	Surface
Included in Rent:	Yes

Daniel Bishop 970-718-9009 Century 21 Elevated Real Estate

118 6TH Ave Ouray, CO 81427