Hospitality Realty Ventures,LLC
Phone: 303-885-4466
Stone Mountain Wedding and Event Center, Lodge and Cabins
- Listing Id: 1027
- Broker Name: Michael Block
- Category: Hotels and Motels
- Asking Price: $2,345,000.00
- EBITDA: $308,113.00
- Real Estate: $2,345,000.00
- Cash Flow: $309,113.00
- Inventory: $3,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $641,972.00
- FF&E: $125,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Lyons
- State: CO
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
One of a kind opportunity due to owner retirement to own a Boulder county lodge, wedding business and additional majestic property in a great location. 21 lodging units, and a turnkey wedding/event business are included (75 weddings are already booked for 2015!). • Priced to sell at an attractive current cap rate (10.5 %) • Potential upside in lodging and wedding/meeting business • Over 46 scenic Colorado acres in a very well located area • Well managed mature business with continued or transitional on-site manager • $ 500,000 in upgrades and improvements. Water rights, irrigation, etc. • Excellent 1031 exchange possibility
Financial Summary
N/A
Articles by Michael Block
View All Articles
No article added by Michael Block.
Contact Michael Block
News & Updates by Michael Block
No news/updates from Michael Block.
