10 Unit Boutique Hotel/Lodge in Estes Park | 8% Cap Rate - Business for Sale
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10-Unit Boutique Hotel in Estes Park, CO
Estes Park, CO, US
Added 6 months ago
Entertainment, Leisure, & Recreation
Adults-only 10-unit boutique hotel located on the banks of the Fall River in Estes Park, Colorado, serving guests seeking a mountain retreat near Rocky Mountain National Park.
Key Information
Asking
$2.2M
Revenue
–
Earnings
$169K
Multiple
13.0x
Key Highlights
- 10 guest units, all with private balconies, mini fridges, microwaves, and coffee makers
- Adults-only property located less than 5 minutes from downtown Estes Park and Rocky Mountain National Park entrance
- 8.0% average cap rate (2021-2025); 9% pro forma cap rate
- Housekeeping and laundry services are outsourced year-round
- Recent capital improvements include remodeled bathrooms, new mattresses, upgraded Wi-Fi, new lock systems, and rebuilt decks
- Unit 10 includes kitchen/living/office space previously used by ownership
Contact Info
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