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800 Big Thompson Avenue - Discovery Hotel, Estes Park, CO

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800 Big Thompson Avenue - Discovery Hotel

Estes Park, CO 80517 - Outlying Larimer County Submarket


Property Type:Hospitality Number of Rooms:56 Status:Existing Year Built:1949
Stories:2 Building Size:22,791 SF Land Area:4.02 AC (175,111 SF)
For Sale Price:$6,490,000 Price/Room:$115,893 Cap Rate:11.20 %

Portfolio:This property is for sale (for $10,285,000) as part of a portfolio of 2 properties.
Parking:-



Sale Notes:
The Discovery Hotel is a beautiful motor hotel-lodge with 350' of highway frontage, providing a lot of accessibility and visibility. The adjacent golf course and panoramic views of the Rocky Mountains provide beautiful scenery in all directions. There are 56 lodging units, ranging from smaller one-bedroom options all the way to multi-room fireplace suites. The Discovery Hotel has two separate vacation homes available for guests to rent off-site. The Log Cabin has two bedrooms, 1 bathroom, a full kitchen, wood burning fireplace, and a front patio accompanied with a BBQ grill. The Otis Vacation Home has six bedrooms, three bathrooms, two living rooms, two dining rooms, a full kitchen, and two decks with beautiful views of the Rocky Mountains.

Estes Park is a premier vacation destination with millions of tourists coming to the area each year. Only 75 miles from Denver International Airport, visitors come from around the world for a variety of activities. Rocky Mountain National Park is a great option to go backpacking, horseback riding, or even fly-fishing. Snow shoeing and back-country skiing is a huge part of the community as well. Lake Estes provides a scenic backdrop as well, allowing visitors to go fishing or boating in a peaceful environment.

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

Christopher Haas
(952) 820-1649

Chris Kubesh
(952) 820-1668

Edward Rupp
(952) 820-1634




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