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    FOR SALE
    Hotels

    530 S Grand Mesa Dr, Cedaredge, CO 81413

    14,028 SF 1.05 ac lot Built 1996
    Entity Owned 2-yr Hold
    Property ID
    US13-2142614
    Property summary
    AI-generated overview

    This exceptional 15,228 square foot facility presents a unique investment opportunity in the charming town of Cedaredge, Colorado. Situated on a 1.05-acre lot, this well-maintained property enjoys a prime location near the majestic Grand Mesa. The hotel boasts 30 guest rooms and an impressive 32 bathrooms, providing ample accommodation for a variety of guests. Recent renovations have significantly enhanced the guest experience, including a completely remodeled indoor pool and hot tub, perfect for relaxation after a day of exploring the surrounding area. Further enhancing convenience for guests, new vending machines and an on-site guest laundry are available. The property's inviting atmosphere and close proximity to the Grand Mesa make it an ideal destination for tourists and travelers seeking a comfortable and memorable stay. This turnkey operation offers significant potential for continued success and growth within a thriving community. The property's size and amenities make it suitable for a variety of uses, presenting a compelling investment opportunity for discerning buyers. The exceptional condition and recent upgrades ensure a smooth transition for new ownership, minimizing immediate capital expenditures. This is a rare opportunity to acquire a well-established and profitable hotel in a desirable mountain location.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL/MOTEL
    Year built 1996
    Construction FRAME
    Total area 14,028 SF
    Lot 1.05 ac (45,738 SF)
    APN 319329200033
    UPID US13-2142614
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.40M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.77M
    Blend (final) Blend
    $1.40M
    Owner & transaction history
    Cedaredge Loding LLC · 2 yrs held
    Cedaredge Loding LLC
    since 2024
    Last sale
    $1.4M
    7 recorded transactions
    2024
    $1.4M
    2022
    $1.3M
    2019
    $1.2M
    2018
    $785,000
    2018
    2017
    2015
    $525,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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