191 5th Ave - Hospitality FOR SALE


Ouray, CO 81427
$5,500,000 USD
602-946-4371
191 5th Ave, Ouray, CO for Sale
$5,500,000 USD
Hospitality - FOR SALE
1/4
null | 9.09% Cap Rate

191 5th Ave
Ouray, CO 81427


HIGHLIGHTS

  • PREMIER LOCATION NEAR TELLURIDE SKI RESORT: Just an hour outside of Telluride, one of the top 10 ski resorts in the U.S.
  • “SWITZERLAND OF AMERICA” APPEAL: Located in the heart of Ouray, renowned for its breathtaking scenery and proximity to top attractions.
  • THRIVING WINTER TOURISM: A premier destination for ice climbing and winter recreation.
  • HIGH BARRIER TO ENTRY MARKET: Limited availability of land for new hotel development ensures minimal competition and stable occupancy.
  • EFFICIENT OPERATIONS & HIGH CASH FLOW POTENTIAL: With a manageable room count and low operating expenses.
  • UPSCALE BOUTIQUE CONVERSION OPPORTUNITY: Positioned for an upscale transformation, aligning with Ouray’s boutique hotel market to capture higher ADR.

OVERVIEW

Matthews Real Estate Investment Services is pleased to present a unique opportunity to acquire a high-performing boutique hotel in the heart of Ouray, Colorado—a destination often referred to as the “Switzerland of America.” This hotel has been generating strong sales revenue with an average 2024 RevPAR of $114 and a Summer RevPAR upwards of $200 showing strength in the Ouray Market. Room sales have steadily increased since 2021 and are currently up YOY, even with many markets in Colorado showing a declining trend. Surrounded by dramatic alpine scenery and top outdoor attractions—including hot springs, ice climbing, hiking trails, and national parks—this hotel draws consistent demand from both adventure-seekers and leisure travelers. A strong local tourism economy, limited hotel competition, and recent property upgrades support stable performance and high cash flow potential. Brayden Conner License No. EC.100099522 (CO) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$351 USD /SF

# OF ROOMS

33

PRICE/ROOM

$166,667 {currency}

CAP RATE

9.09%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn Ouray

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1992

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

B6-6,

APN/PARCEL ID

R000957

ASK ABOUT THIS PROPERTY

Hunter DavisMatthews Real Estate Investment ServicesMore Info
602-946-4371

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Hunter DavisMatthews Real Estate Investment ServicesMore Info
602-946-4371

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