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Vacation Rental Cottages & Events Venue 59424 CO-69 6 Room Hotel Hillside, CO 81232 $1,750,000 ($291,667/Room)
INVESTMENT HIGHLIGHTS
- Historic Mountain Property with 9.91 Acres of Prime Southern Colorado Land
- Comprehensive 2015-2020 Property Improvements Including Infrastructure & Amenities
- Located in High-Demand Recreation Area along the Sangre De Cristo Mountain Range
- Fully Renovated Portfolio of Five Vacation Rentals, One Leased House, & a 2,800 SF Event Venue
- Strong Value-Add Potential with 4-5 Acres of Undeveloped Land
- Multiple Value-Add Opportunities Including Event Business Expansion, Accommodation Expansion, & Increased Marketing
EXECUTIVE SUMMARY
The Subject Property presents a compelling opportunity to acquire an established hospitality business in Southern Colorado's scenic Wet Mountain Valley. Located proximate to Salida, Westcliffe, and Canon City, this unique property combines historic charm with modern amenities across multiple revenue streams. The turn-key property includes 5 active vacation rental cottages, a long-term leased house, and a 2,800 SF events venue. The property's strategic location and diverse accommodation options allow it to capture both the weekend getaway and destination event markets, while roughly five acres of undeveloped land provide significant expansion potential. Recent interior renovations and infrastructure improvements position the asset for immediate cashflow with multiple growth opportunities.
PROPERTY FACTS
| Price | $1,750,000 | Lot Size | 9.91 AC |
| Price Per Room | $291,667 | Building Size | 6,205 SF |
| Sale Type | Investment | No. Rooms | 6 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1945/2020 |
| Building Class | B | Corridor | Exterior |
| Price | $1,750,000 |
| Price Per Room | $291,667 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 9.91 AC |
| Building Size | 6,205 SF |
| No. Rooms | 6 |
| No. Stories | 1 |
| Year Built/Renovated | 1945/2020 |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Patio
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 6 | $177.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 000099804248 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $119,171 |
PROPERTY TAXES
Parcel Number
000099804248
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$119,171
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Vacation Rental Cottages & Events Venue | 59424 CO-69
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