59424 CO-69 - Hospitality FOR SALE


Hillside, CO 81232
$1,975,000 USD
915-255-8718
59424 CO-69, Hillside, CO for Sale
$1,975,000 USD
Hospitality - FOR SALE
1/29
null | Request Cap Rate

59424 CO-69
Hillside, CO 81232


HIGHLIGHTS

  • Historic Mountain Property with 9.91 Acres of Prime Southern Colorado Land
  • Fully Renovated Portfolio of Five Vacation Rentals, One Leased House, & a 2,800 SF Event Venue
  • Comprehensive 2015-2020 Property Improvements Including Infrastructure & Amenities
  • Strong Value-Add Potential with 4-5 Acres of Undeveloped Land
  • Located in High-Demand Recreation Area along the Sangre De Cristo Mountain Range
  • Multiple Value-Add Opportunities Including Event Business Expansion, Accommodation Expansion, & Increased Marketing

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$318 USD /SF

# OF ROOMS

6

PRICE/ROOM

$329,167 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacation Rental Cottages & Events Venue

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1945

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.91 AC

LAND SF

431,680 SF

ZONING

-

APN/PARCEL ID

000099804248,000099804249

ASK ABOUT THIS PROPERTY

Caleb SeegersExceptional Business AdvisorsMore Info
915-255-8718

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Caleb SeegersExceptional Business AdvisorsMore Info
915-255-8718

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.