Olive Real Estate Group is pleased to present Red Mountain Inn & Suites for sale, a prime investment opportunity in a booming mountain town. Located in Glenwood Springs, Colorado, the property consists of 41 extended-stay units, several of which are free-standing buildings. Each unit features a kitchen or kitchenette with full-size refrigerators, catering to long-term and workforce housing demand. Over $700,000 in capital improvements have been completed within the past three years, creating a well-maintained, turn-key investment opportunity. With on-site management in place, the asset offers operational stability in a market characterized by strong demand and limited workforce housing availability. The property benefits from a park-like setting and includes additional land behind the existing structures, offering potential for future expansion or redevelopment. Red Mountain Inn & Suites is primarily operated on a month-to-month basis, providing flexible housing in a highly desirable market where median residential list prices exceed $912,000 (approximately $508 per square foot). Unlike traditional hospitality assets, the property has historically maintained strong occupancy and consistent demand, often supported by a waiting list as units become available. This is a rare opportunity to invest in a high-demand submarket with limited competition in the extended-stay and workforce housing segment. $6,800,000 Asking Price 8.91% Cap Rate on Actuals 41 Extended-Stay Units 80% Current Occupancy Turn-Key Operation with On-Site Management No Deferred Maintenance Expansion / Development Potential Strong Workforce Housing Demand