35 Silver Thread Lane, South Fork, CO
Hotel for Sale - $799,500 - 1.95 acres

Property Info
| CIMLS# | 90109 |
| Location 35 Silver Thread Lane South Fork CO 81154 | |
| Updated | January 8th, 2010 |
| Type | Hotel |
| Price | $799,500 |
| Land | 1.95 acres |
Property Description
Drastic Price Reduction to $799,500. Established lodging property for sale in mountains near Wolf Creek Ski Area and an 18 hole PGA golf course. This is an investment grade business opportunity, but not suitable for a buyer seeking a part time venture. Detailed financials available from 2003 to date, room sales that exceeded $240,000 in 2007 without all units online and room to expand. Property offers 6 free standing cabins, 8 cabin style lodge rooms & 1 standard lodge room for guests. A 3 bedroom/2 bath owners quarters, work shop, on site laundry for lodge, employee efficiency/dorm quarters on site, guest hot tub and lodge storage. Property accommodates up to 100 people and handles groups as well as individual guests. Offers 3+ seasons with all outdoor sports and attractions located nearby, good occupancy, prime location and proven financial history.. Offered turnkey with advance reservations in place into 2009. Reduced from $1,195,000 to $905,000. Seller is motivated to sell immediately due to increasing health issues. Seller will not consider lease nor lease purchase situations. Seller is a licensed Colorado real estate broker. For more information, contact Scott Stecken, Colorado Independent Broker at cell (719) 588-9394.
