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29431 US Highway 160 - Spruce Lodge, South Fork, CO

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29431 US Highway 160 - Spruce Lodge

South Fork, CO 81154-9501

Property Type:Hospitality Number of Rooms:17 Status:Existing Year Built:1926
Stories:2 Building Size:16,000 SF Land Area:1.17 AC (50,965 SF)
For Sale Price:$1,495,000 Price/Room:$87,941 Cap Rate:10.60 %


Main Lodge Bed & Breakfast includes 4 Jacuzzi Suites upstairs with a total of 7 guest rooms, commerical kitchen, lobby, dining room, laundry room, and hot tub. Building is a total of 6200 SF. built in 1926. The owner's quarters are located in the basement. It includes 3 bedrooms, 1 bath, a living room with freestanding wood stove, and a private laundry room.

The Chalet (hotel building) hosts 8 hotel rooms and two bunkhouses. It is 4080 SF. built in 1950 with the upstairs and back side additions added in the mid 1970s.

The separate cabin, is totally remodeled in 2011 and is complete with a new canopy bed and antique clawfoot tub.

There are 12 RV spaces on the far end of the property and include water, sewer, electric, and cable TV.
The manager's quarters is a total of 1792 SF in the finished basement of the lodge and includes 3 bedrooms, 1 bath, a living room with freestanding wood stove and a private laundry room.

Sale Notes:
The Spruce Lodge is located in South Fork, Colorado. Situated on 1.17 acres at the base of the San Juan Mountains and in close proximity to Wolf Creek Ski Area. This a great destination for skiers and non-skiers alike to relax and enjoy the atmosphere of Colorado.The main lodge is a beautiful 16,000 SF structure that also has four suites available for guests. Spruce Lodge has a hotel providing 10 units ranging from Double Queen to Deluxe Double Queen Hotel Room. Also available are the separate Cook's Cabin & 2 two-bedroom cabinette. There are 12 RV Sites as well, accommodating a variety of visitors. Spruce Lodge also has a restaurant that serves breakfast 6 days a week, providing another amenity to its guests. Dee Plucinksi, a licensed real estate broker with Steffens & Co. Realty, is co-listing the asset with SVN | Northco.

Located at the crossing of the South Fork & Rio Grande rivers. Spruce Lodge sits at the foot of the San Juan Mountains in South Fork, Colorado. According to the 2000 US. Census, the town only has 604 permanent residents. But that number increases dramatically in the summer due to seasonal residents, guests and visitors.

Northco Real Estate Services
Frank Jermusek
(952) 820-1615

Christopher Haas
(952) 820-1649

Edward Rupp
(952) 820-1634

Dustin Wilhelmy
(952) 820-1600

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