Innkeepers! Successful 16 Unit Inn w/Large Residence
- Listing Id: 1534
- Broker Name: Lucinda Stanley, CCIM
- Category: Hotels and Motels
- Asking Price: $1,200,000.00
- EBITDA: $49,023.00
- Real Estate: $699,000.00
- Cash Flow: $52,000.00
- Inventory: $2,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $1,750,000.00
- FF&E: $250,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Paonia
- State: CO
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Another successful year in Paradise, an Inn Keeper's Dream! Owner renovating the residence with thermo windows and a new face! This is truly a private oasis in the heart of Paonia, Colorado, the perfect 'home away from home' for your guests. Recently updated rooms and extensively landscaped grounds create a warm and inviting environment with a cozy country/western feel, all within walking distance of fine dining, shopping, arts, entertainment as well as hiking, biking and touring the mountain range. The climate is seasonal and is ideal for fruit and crop growers with many organic farms and orchards in the area, as well as grapes for the local vineyards which produce some of the finish wines in the area. This upscale quaint Inn is a turn key operation, great cash flow and offers an incredible quality of life.
Financial Summary
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