104 2nd St S - Apartments FOR SALE


Kremmling, CO 80459
$1,490,000 USD
970-485-4141
104 2nd St S, Kremmling, CO for Sale
$1,490,000 USD
Apartments - FOR SALE
1/55
null | 12% Cap Rate

104 2nd St S
Kremmling, CO 80459


HIGHLIGHTS

  • 3 Apartments
  • 2 Commercial Spaces
  • 30 Hotel Rooms

OVERVIEW

Hotel Eastin and Extended Stay - Historic boutique hotel with a strong rental history and exceptional versatility--all priced at $122 per square foot, 12% CAP Rate! This beautifully updated property offers flexible use as short-term rentals, long-term stays, or workforce housing. Perfectly positioned across from the Town Square, guests and tenants enjoy immediate access to restaurants, shopping, and community events. The property features two commercial storefronts, adding income potential, and includes convenient on-site storage. A rare investment opportunity blending character, modern updates, and prime location. Fully furnished and priced at $122 per square foot, which is significantly below replacement cost, this property offers solid current value as well as long term appreciation. A rare mountain town income producing investment opportunity offering a prime location, historic ambiance, modern updates, flexibility and a strong value proposition. For a virtual tour, see attached photos and video. For financials and additional documents, contact Rebecca Guthrie at (970)485-4141.

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/SF

$113 USD /SF

# OF UNITS

31

PRICE/UNIT

$48,065

CAP RATE

12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Hotel Eastin

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1906

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

AA7

APN/PARCEL ID

R020680

ASK ABOUT THIS PROPERTY

Rebecca GuthrieRE/MAX RedMore Info
970-485-4141

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Rebecca GuthrieRE/MAX RedMore Info
970-485-4141

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.