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Castle Mountain Lodge 1520 Fall River Rd 30 Room Hotel Estes Park, CO 80517 $11,167,360 CAD ($372,245 CAD/Room) 7.01% Cap Rate
INVESTMENT HIGHLIGHTS
- Less than a 5-minute drive to Estes Park or Rocky Mountain National Park
- Ability to add additional units
- Serene riverside mountain setting featuring frequent wildlife sightings
- Amenities include a disc golf course, playground, cabins with private hot tubs, a library with games, on-site laundry facility, and more
EXECUTIVE SUMMARY
1520 Fall River Road spans nearly 30 acres, perfectly situated between downtown Estes Park and Rocky Mountain National Park. Since the 1950s, Castle Mountain Lodge has welcomed guests to its rustic mountain lodge, offering 1- to 3-bedroom cottages and rooms. The property boasts a variety of amenities, including a regulation 18-hole disc golf course, outdoor games, a playground, daily treats in the lobby, eight private hot tub cabins, fishing in Fall River, snowshoe rentals, a library with games, fire pits, a trail to Rocky Mountain National Park, an on-site laundry facility, and more. Please contact the listing brokers for more information.
PROPERTY FACTS
| Price | $11,167,360 CAD | Lot Size | 28.90 AC |
| Price Per Room | $372,245 CAD | Building Size | 21,721 SF |
| Sale Type | Investment | No. Rooms | 30 |
| Cap Rate | 7.01% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1949/2003 |
| Property Subtype | Hotel | Parking Ratio | 1.47/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Zoning | A - Accomodations | ||
| Price | $11,167,360 CAD |
| Price Per Room | $372,245 CAD |
| Sale Type | Investment |
| Cap Rate | 7.01% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 28.90 AC |
| Building Size | 21,721 SF |
| No. Rooms | 30 |
| No. Stories | 2 |
| Year Built/Renovated | 1949/2003 |
| Parking Ratio | 1.47/1,000 SF |
| Corridor | Exterior |
| Zoning | A - Accomodations |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 7 | $459.26 CAD | - |
| Guest Room | 23 | $319.67 CAD | - |
PROPERTY TAXES
| Parcel Number | 35233-00-003 | Improvements Assessment | $1,293,065 CAD |
| Land Assessment | $334,196 CAD | Total Assessment | $1,627,261 CAD |
PROPERTY TAXES
Parcel Number
35233-00-003
Land Assessment
$334,196 CAD
Improvements Assessment
$1,293,065 CAD
Total Assessment
$1,627,261 CAD
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Castle Mountain Lodge | 1520 Fall River Rd
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