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Alpen Way Chalet Mountain Lodge 4980 Highway 73 8 Room Hotel Evergreen, CO 80439 $1,800,000 ($225,000/Room) 7.50% Cap Rate



Investment Highlights
- Situated in the heart of Evergreen, a premier mountain community just 30 minutes west of Denver
- Separate owner's or manager's quarters on site. The unit could be added to the rental pool, if desired.
- Opportunity to add two to three additional units on-site to enhance revenue capacity, subject to county approvals and verification by the buyer
- Eight units, including four standard guest rooms, three suites, and one stand-alone cabin. All uniquely furnished.
- Numerous updates were made in 2025
- Walking distance to downtown Evergreen and Evergreen Lake; less than one hour from Denver International Airport and 20 minutes from Golden
Executive Summary
The Property is open year-round and has on-site quarters suitable for a manager or operator, as well as the potential to expand with two to three additional units. Positioned less than one hour from Denver International Airport and only 20 minutes from Golden, The Alpen Way Chalet Mountain Lodge represents a rare opportunity to acquire a well-established lodge in one of Colorado’s most desirable and accessible mountain communities.
Property Facts
| Price | $1,800,000 | Lot Size | 1.07 AC |
| Price Per Room | $225,000 | Building Size | 6,137 SF |
| Sale Type | Investment | No. Rooms | 8 |
| Cap Rate | 7.50% | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1953/2026 |
| Property Type | Hospitality | Parking Ratio | 1.95/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | ||
| Zoning | PD, Evergreen | ||
| Price | $1,800,000 |
| Price Per Room | $225,000 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.07 AC |
| Building Size | 6,137 SF |
| No. Rooms | 8 |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2026 |
| Parking Ratio | 1.95/1,000 SF |
| Corridor | Exterior |
| Zoning | PD, Evergreen |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
About 4980 HIGHWAY 73 , EVERGREEN, CO 80439
The Property is located in Evergreen, CO, a scenic mountain community nestled in the foothills of the Rocky Mountains just west of Denver. Known for its natural beauty, vibrant arts scene, and year-round recreational opportunities, Evergreen offers the perfect balance between peaceful mountain living and access to urban amenities. Situated at an elevation of approximately 7,200 feet, the town boasts panoramic views, fresh alpine air, and a charming, laid-back atmosphere. Evergreen is renowned for its outdoor lifestyle, with Evergreen Lake at its heart, serving as a hub for seasonal activities such as paddleboarding, fishing, ice skating, and lakeside concerts. Surrounding open spaces and nearby parks like Alderfer/Three Sisters Park and Elk Meadow Park provide miles of trails for hiking, mountain biking, and wildlife viewing. With easy access to the vast Arapaho National Forest, outdoor enthusiasts can quickly escape into nature while still being within commuting distance of the Denver metro area. In addition to its natural appeal, Evergreen is home to a close-knit, welcoming community with a lively downtown district featuring local boutiques, galleries, and restaurants. Community events such as art walks, farmers markets, and music festivals contribute to the town’s vibrant cultural life and strong sense of community. Evergreen’s schools are well-regarded, and the town continues to attract both year-round residents and second-homeowners seeking tranquility without sacrificing convenience. Distances from larger cities: Denver, CO – 30 miles west of downtown Denver Boulder, CO – 45 miles south of Boulder Colorado Springs, CO – 85 miles north of Colorado Springs Fort Collins, CO – 90 miles southwest of Fort Collins Local airports include Rocky Mountain Metropolitan Airport (35 miles) and Centennial Airport (35 miles). Nearby international airports include Denver International Airport (55 miles).
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $222.00 | - |
| Guest Room | 4 | $177.00 | - |
Property Taxes
| Parcel Number | 51-103-03-001 | Improvements Assessment | $185,909 |
| Land Assessment | $25,071 | Total Assessment | $210,980 |
Property Taxes
Presented by
Alpen Way Chalet Mountain Lodge | 4980 Highway 73
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