530 S Grand Mesa Dr, Cedaredge, CO 81413
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.