800 Big Thompson Ave

Estes Park, CO 80517
  • $6,579,900
  • STATUS: Active
  • ON SITE: 98 days
  • MLS #: 826616
UPDATED: 27 min ago
$6,579,900
  • 0
    BEDS
  • 4.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1949
County:

School Ratings & Info

Description

Unique opportunity to own one of the best hotels in Estes Park. It is situated on Highway 34 with excellent street frontage/walk-in traffic and is only .25 mile from downtown. The property is over 4 acres with excellent views, adjacent to golf, a large, spacious layout and a private trout pond. Comprised of 56 units which have increased revenues nearly 40% over three years. Revenue has increased on average of 11%/year with a 35% - 40% EBITDA Operating Margin.



Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2017 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or 8z Real Estate. Data last updated 2017-10-21T20:39:17.263.
frontrange.8z.com/homes/74669497

800 Big Thompson Ave Estes Park, CO 80517

  • Price: $6,579,900
  • Status: Active
  • Updated: 27 min ago
  • MLS #: 826616
0
Beds
0
Baths
0
½ Baths
4.02
Acres
1949
Built
Neighborhood:
Lake View Tracts
County:
Larimer
Area:
11 Estes Park area (Larimer County)
Property Description
Unique opportunity to own one of the best hotels in Estes Park. It is situated on Highway 34 with excellent street frontage/walk-in traffic and is only .25 mile from downtown. The property is over 4 acres with excellent views, adjacent to golf, a large, spacious layout and a private trout pond. Comprised of 56 units which have increased revenues nearly 40% over three years. Revenue has increased on average of 11%/year with a 35% - 40% EBITDA Operating Margin.
Exterior Features

Construction Wood/FrameBlockStoneLog Fences Partially FencedWood Fence Location Description Evergreen TreesAbuts Golf CourseAbuts Pond/Lake Lot Improvements Street Paved Property Views Back Range/Snow Capped Road Access State Highway Waterfront No

Interior Features

Cooling 2 Or More Units Heating Forced AirHot WaterBaseboard HeatMulti-Zoned Heat Inclusions Some Furniture

Property Features

Capitalization Rate 12.46 Commercial Industrial Type Retail-DowntownOther CommericalLive/Work Energy Star Certified No Gross Operating Income 1490243.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Estes Park Nahb Certified No Net Operating Income 820112.0000 New Construction Status Not NewPreviously Owned New Financing CashConventionalOwner FinancingWrap/Blend Ownership Licensed Owner Possible Usage BusinessCommercial Or Industrial Tax Year 2017 Tenant Pays All Operating Costs (Used Alone) Total Operating Expense 670131.0000 Utilities Natural GasElectric Zoning Accodmod.

© 2017 IRES.
Listing provided courtesy of Coldwell Banker Res-Canyonblvd


Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2017 IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or 8z Real Estate. Data last updated 2017-10-21T20:39:17.263.
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