Hospitality Realty Ventures,LLC
Phone: 303-885-4466
Hotels and Motels For Sale in Colorado
  • Hotels and Motels For Sale in Colorado
  • Hotels and Motels For Sale in Colorado
  • Hotels and Motels For Sale in Colorado
  • Hotels and Motels For Sale in Colorado
  • Hotels and Motels For Sale in Colorado
  • Hotels and Motels For Sale in Colorado

Stone Mountain Wedding and Event Center, Lodge and Cabins

  • Listing Id: 1027
  • Broker Name: Michael Block
  • Category: Hotels and Motels
  • Asking Price: $2,345,000.00
  • EBITDA: $308,113.00
  • Real Estate: $2,345,000.00
  • Cash Flow: $309,113.00
  • Inventory: $3,000.00
  • No. Of Full-Time Employees: N/A
  • No. Of Part-Time Employees: N/A
  • Gross Income: $641,972.00
  • FF&E: $125,000.00
  • Year Built: N/A
  • Address: Click Here
  • Zip Code: Click Here
  • City: Lyons
  • State: CO
  • Country: United States
  • Tenancy: Single
  • Occupancy: N/A
  • Lot Size: N/A
  • Available: Yes
Description

One of a kind opportunity due to owner retirement to own a Boulder county lodge, wedding business and additional majestic property in a great location. 21 lodging units, and a turnkey wedding/event business are included (75 weddings are already booked for 2015!).
• Priced to sell at an attractive current cap rate (10.5 %) • Potential upside in lodging and wedding/meeting business • Over 46 scenic Colorado acres in a very well located area • Well managed mature business with continued or transitional on-site manager • $ 500,000 in upgrades and improvements. Water rights, irrigation, etc. • Excellent 1031 exchange possibility

Financial Summary

N/A

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