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Red Mountain Inn 51637 Highway 6 40 Pièce Hôtel Glenwood Springs, CO 81601 9 369 040 $ CAD (234 226 $ CAD/Pièce) 8,91% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- 8.91% Cap on Actuals
- No Deferred Maintenance
- 41 Units- 100% Occupied
- $700,000+ of Cap Ex
RÉSUMÉ DE L'ANNONCE
Olive Real Estate Group is pleased to offer the Red Mountain Inn & Suites for sale.
Located in Glenwood Springs, Colorado, the property offers 41 extended-stay units, several of which are free-standing buildings. All units have kitchens or kitchenettes with full sized refrigerators.
Over $700,000 of capital improvements have occurred in the past three years. With on-site management in place, this is a rare turn-key opportunity in a market with fierce demand and very limited workforce housing availability.
The delightful community setting offers park-like amenities and additional land behind existing structures for future development potential.
Primarily rented on a month-to-month basis, The Red Mountain Inn and Suites provides desperately needed workforce housing in a strong, desirable market where median list prices for residential properties now exceed $912,000 or $508 per sq ft.
Unlike most hospitality properties, occupancy is always high, with a waiting list for new move-ins as quickly as units are ready. Current occupancy is 100%
Don’t miss this opportunity to invest in a market with high demand and very little competition in the workforce housing sector.
41 Unit - 100% Occupied
8.91% Cap on Actuals
Turn-key
No Deferred Maintenance
Booming Market
Located in Glenwood Springs, Colorado, the property offers 41 extended-stay units, several of which are free-standing buildings. All units have kitchens or kitchenettes with full sized refrigerators.
Over $700,000 of capital improvements have occurred in the past three years. With on-site management in place, this is a rare turn-key opportunity in a market with fierce demand and very limited workforce housing availability.
The delightful community setting offers park-like amenities and additional land behind existing structures for future development potential.
Primarily rented on a month-to-month basis, The Red Mountain Inn and Suites provides desperately needed workforce housing in a strong, desirable market where median list prices for residential properties now exceed $912,000 or $508 per sq ft.
Unlike most hospitality properties, occupancy is always high, with a waiting list for new move-ins as quickly as units are ready. Current occupancy is 100%
Don’t miss this opportunity to invest in a market with high demand and very little competition in the workforce housing sector.
41 Unit - 100% Occupied
8.91% Cap on Actuals
Turn-key
No Deferred Maintenance
Booming Market
FAITS SUR LA PROPRIÉTÉ
| Prix | 9 369 040 $ CAD | Taille du bâtiment | 18 000 pi² |
| Prix par chambre | 234 226 $ CAD | Nombre de pièces | 40 |
| Type de vente | Investissement | Nombre d’étages | 1 |
| Taux de capitalisation | 8,91% | Année de construction/rénovation | 1945/2022 |
| Type de propriété | Services hôteliers | Ratio de stationnement | 1,25/1 000 pi² |
| Sous-type de propriété | Hôtel | Corridor | Extérieur |
| Classe d’immeuble | C | Zone de développement économique |
Oui
|
| Taille du lot | 2,42 AC | ||
| Zonage | M1 | ||
| Prix | 9 369 040 $ CAD |
| Prix par chambre | 234 226 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 8,91% |
| Type de propriété | Services hôteliers |
| Sous-type de propriété | Hôtel |
| Classe d’immeuble | C |
| Taille du lot | 2,42 AC |
| Taille du bâtiment | 18 000 pi² |
| Nombre de pièces | 40 |
| Nombre d’étages | 1 |
| Année de construction/rénovation | 1945/2022 |
| Ratio de stationnement | 1,25/1 000 pi² |
| Corridor | Extérieur |
| Zone de développement économique |
Oui |
| Zonage | M1 |
COMMODITÉS
- Piscine extérieure
- Centre de villégiature
- Accès Wi-Fi public
- Cuve thermale
- Cuisine entièrement équipée
PIÈCE RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE DE PIÈCES | TAUX QUOTIDIEN | pi² |
|---|---|---|---|
| Suite | 1 | 294,85 $ CAD | - |
| Guest Room | 39 | 158,45 $ CAD | - |
Impôts fonciers
| Numéro de lot | R100051 | Évaluation des bâtiments | 80 489 $ CAD |
| Évaluation du terrain | 559 785 $ CAD | Évaluation totale | 640 275 $ CAD |
Impôts fonciers
Numéro de lot
R100051
Évaluation du terrain
559 785 $ CAD
Évaluation des bâtiments
80 489 $ CAD
Évaluation totale
640 275 $ CAD
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Red Mountain Inn | 51637 Highway 6
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