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The Hotel Eastin 104 2nd St S 31 Unit Apartment Building $2,040,868 CAD ($65,834 CAD/Unit) 12% Cap Rate Kremmling, CO 80459
Investment Highlights
- 3 Apartments
- 30 Hotel Rooms
- 2 Commercial Spaces
Executive Summary
Hotel Eastin and Extended Stay - Historic boutique hotel with a strong rental history and exceptional versatility--all priced at $122 per square foot, 12% CAP Rate! This beautifully updated property offers flexible use as short-term rentals, long-term stays, or workforce housing. Perfectly positioned across from the Town Square, guests and tenants enjoy immediate access to restaurants, shopping, and community events. The property features two commercial storefronts, adding income potential, and includes convenient on-site storage. A rare investment opportunity blending character, modern updates, and prime location.
Fully furnished and priced at $122 per square foot, which is significantly below replacement cost, this property offers solid current value as well as long term appreciation.
A rare mountain town income producing investment opportunity offering a prime location, historic ambiance, modern updates, flexibility and a strong value proposition.
For a virtual tour, see attached photos and video. For financials and additional documents, contact Rebecca Guthrie at (970)485-4141.
Fully furnished and priced at $122 per square foot, which is significantly below replacement cost, this property offers solid current value as well as long term appreciation.
A rare mountain town income producing investment opportunity offering a prime location, historic ambiance, modern updates, flexibility and a strong value proposition.
For a virtual tour, see attached photos and video. For financials and additional documents, contact Rebecca Guthrie at (970)485-4141.
Property Facts
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Business Center
- Courtyard
- Fenced Lot
- Laundry Facilities
- Breakfast/Coffee Concierge
- Furnished Units Available
- Guest Apartment
- On-Site Retail
- Vintage Building
- Storage Space
- Community-Wide WiFi
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 31 | - | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R020680 | Improvements Assessment | $48,266 CAD |
| Land Assessment | $14,691 CAD | Total Assessment | $62,957 CAD |
Property Taxes
Parcel Number
R020680
Land Assessment
$14,691 CAD
Improvements Assessment
$48,266 CAD
Total Assessment
$62,957 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
The Hotel Eastin | 104 2nd St S
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