304 S Lena St
Ridgway, CO 81432
Chipeta Lodge · Hospitality Property For Sale · 36,504 SF

If your concept of nirvana includes abundant recreation and serene relaxation, then look no further than Chipeta Solar Springs Resort located in Ridgeway, CO. Chipeta Resort features 33 unique and classically appointed guest rooms, deluxe suites, spa suites and luxury studios, a full service spa, a circular cedar sauna, a steam room, two outdoor heated solar pools, complimentary yoga classes, two dog parks, and the award-winning Four Corners Restaurant and rooftop Sky Bar – the perfect place to dine al fresco. The resorts extensive range of accommodations, friendly atmosphere and boundless year-round adventures make Chipeta an alpine paradise for family getaways, romantic celebrations, special private events, yoga retreats, off-site meeting and incentive events. LIVE, WORK AND PLAY by investing in your dream. Chipeta Solar Springs Resort in Ridgway (Solar Ranch), you'll be a 3-minute walk from Hartwell Park and 6 minutes by foot from Ridgway Town Hall.? This spa condominium resort is 10.3 miles from Ouray Hot Springs Pool and 0.5 miles from Ridgway Chamber of Commerce.? 2020 Up over 2019 thru Dec 15th - Room Rev $1,173,076 +/- (2020) vs $1,041,651+/- (2019) 2019 - ROOM REV - $1,063,901 +/-; ADR - $209.19 +/-; Occupancy 48.73% +/-; RevPAR $101.94 +/- 2018 - ROOM REV - $932,753 +/-; ADR - $210.04 +/-; Occupancy 42.85% +/-; RevPAR $90.00 +/- 2017 - ROOM REV - $908,075 +/-; ADR - $200.28 +/-; Occupancy 48.14% +/-; RevPAR $96.41 +/- Year Buildings Built: 1994 (Main Lodge and 12 lodging units) 1997 (Spa & Condo Unit 101) 2001 (Special Events Building and 6 units) 2006 (Restaurant/Tavern) Please note property has condo units with rotations A thru D and HOA in place. © 2019 Motel Man, LLC. All information on this site has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of any property you are interested in to determine to your satisfaction and suitability of the property for your needs.