57975 S Hwy 69, Westcliffe, CO, 81252 - Available for Sale

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Westcliffe Inn

57975 S Hwy 69, Westcliffe, CO 81252

West View

West View

  • $1,100,000
  • 28
  • 14,108 SF
  • $39,285.71
  • Hotel & Motel
  • Economy/ Limited Service
  • Investment
  • 3%
  • 17.20%
  • $74
  • $11,120
  • 37%
  • Exterior
  • 2.51 AC
  • Find Out More...
Last Verified  5/8/2012 Listing ID  15779485

Highlights

  • Cash or new loan. Owner Financing possible for qualified buyer with 30% down payment
  • Additional acreage available.

Description

Year round independent motel featuring 28 ground level guest units along with a 1,596 sq ft. managers/owners apartment. Guest units feature direct dial telephones, Wi-Fi, DirecTV, microwaves and mini-fridges and suites with whirlpool bathtubs. Amenities include continental breakfast and recreation room with spa and dry sauna. The owners/managers quarters is 3 bdrms, 1 3/4 bath with large kitchen, pantry, dining room, living room and spacious closets. The property consists of a three building configuration. Each guest unit consists of 14 rooms and is a one-story, exterior corridor property. The office/lobby complex is a two story building with the owners/managers apartment upstairs. Built in 1984-85, the property was recently renovated and includes new branding, signage, a new website and online booking software and a marketing plan that is performing above expectations. Clientele include numerous repeat business and leisure guests and there is a steady annual average cash flow. Average daily rates are currently priced below industry averages with room to grow. No franchise agreements exist. 2011 est. gross 300k. Additional acreage available. Listed by Owner / Agent

Located in Westcliffe, Colorado, in Custer County, approximately an hour from Pueblo, Salida, Walsenburg and Canon City. The town is located in the "Wet Mountain Valley", named so for the mountain range to the valley's east, a part of the San Isabel National Forest. State land also includes the 450 acre Lake DeWeese Reservoir and Grape Creek Canyon. The 14,000 foot peaks of the Sangre de Cristo range are to the west. The property elevation is 7,897 feet. The valley offers an abundance of attractions and activities. Recreational opportunities abound in the regions National Forests and Federally Protected Wilderness areas such as horseback riding, fishing and birding. Wildlife is abundant including bear, cougar, deer, elk, big horn sheep and turkey. The area is also a favorite of astronomers for its dark and starry nights. Groups like the High Mountain Hay Fever Blue Grass Festival, Wet Mountain Western Days and Westcliffe Center for the Performing Arts sponsor exceptional events and draw audiences from near and far. Locals Cherish the unspoiled natural beauty of the valley; Westcliffe and the Wet Mountain Valley are considered by many, "Colorado's Best Kept Secret"

Financial Summary

Debt & Equity Information

  • Actual
  • 2011
  • $303,711
  • $166,328

Map of 57975 S Hwy 69, Westcliffe, CO 81252 (Custer County)

Contact Listing Broker to find out more details.

Presented by

Alpenglow Land and Investment

Request additional information

Cindy Howard (719) 371-5764

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Created 6/27/2008

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Additional Information for 57975 S Highway 69, Westcliffe, CO 81252