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51637 Highway 6
Glenwood Springs, CO 81601

$6,800,000 USD

Hotel For Sale • 18,000 SF

Property Details

Property Type Hotel
Total Building Size 18,000 SF
Lot Size 2.42 AC
Building Class C
Year Built 1945
Cap Rate 8.91 %
Zoning M1

0 Transit Score

41 Walk Score

                
                    Highlights
                
                                8.91% Cap on Actuals
                            
                                41 Units- 100% Occupied
                            
                                No Deferred Maintenance
                            
                                $700,000+ of Cap Ex

Property Flyers

Red Mountain Suites Marketing Package_V1

Cap Rate:

8.91 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Red Mountain Inn

Amenities

Outdoor Pool
Destination Resort
Public Access Wifi
Hot Tub
Fully-Equipped Kitchen

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glenwood Springs (California Zephyr - Amtrak)	6 min	-	2.2 mi
Airport	Drive	Walk	Distance
Eagle County Regional	38 min	-	29.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	75
Type:	Surface
Included in Rent:	Yes

Stuart Sloat 719-491-2494 Olive Real Estate Group

51637 Highway 6 Glenwood Springs, CO 81601