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631 N Silver St
Lake City, CO 81235

$1,595,000 USD

Hotel For Sale  •  7,104 SF

Property Details

  • Property Type Hotel
  • Total Building Size 7,104 SF
  • Lot Size 0.43 AC
  • Building Class C
  • Year Built 1947
  • Cap Rate 11.15 %
20 Walk Score

Highlights

Well-Established Seasonal Mountain Log Cabin Resort situated in historic Lake City, Colorado.
11.15% Cap Rate based on the Property's 2024-2025 average EBITDA
12 Cabins including ten studio cabins (each sleeping 4) and two “Deluxe” cabins (each sleeping 6).
The Property Maintains 80-85% Occupancy During the Season with a high percentage of advanced bookings, and repeat customers
Significant Renovated Inside and Out including new contents and furnishings as well as electrical service have been implemented over the past 4 years
Prime Location Just Blocks from Downtown Lake City, with access to a wide range of outdoor activities, including hiking, fishing, four-wheeling, etc.

Property Flyers

Cap Rate: 11.15 %

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Ned Rupp 651-492-0563 SVN | Northco Real Estate
Ned Rupp 651-492-0563 SVN | Northco Real Estate