Property profile

2118 Main St Rye, CO 81069

OFF-MARKET
Hospitality properties
Built 1929
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Property summary

AI-generated overview

This exceptional 1929 property in Rye, Colorado, presents a unique investment opportunity. Located at 2118 Main St, this two-story building, formerly the Historic Wilson Hotel, offers a blend of income-generating options. The main house, a charming 3-bedroom residence with an attached guest quarter, is ideal for owner occupancy or as a lucrative rental. Upstairs, three separate apartments provide additional rental income. Two additional apartment buildings on the property offer three more ready-to-rent units and three storage units easily convertible into apartments. Seven RV campsites generate further revenue streams. The property's diverse rental options create significant income potential. The main house features a recently updated kitchen with an island, breakfast bar, stainless steel refrigerator, gas range with double ovens, and a pot filler faucet. A formal dining room and a living room with a fireplace provide ample living space. The primary bedroom includes a walk-in shower. A large covered porch offers outdoor enjoyment. A detached 4-car garage provides additional storage or parking. This property is a rare combination of historic charm and significant income potential, perfect for an investor seeking a diversified portfolio. The property is situated in Pueblo County, CO, zip code 81069.

Property profile

Verified
Property type Hospitality properties
Year built 1929

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2118 Main St Rye, CO 81069
Rye metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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