59424 CO-69 - Hospitality FOR SALE


Hillside, CO 81232
$1,750,000 USD
614-940-9980
59424 CO-69, Hillside, CO for Sale
$1,750,000 USD
Hospitality - FOR SALE
1/37
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59424 CO-69
Hillside, CO 81232


HIGHLIGHTS

  • Historic Colorado hospitality property with seven buildings on 9.53 acres.
  • Five renovated vacation rental cottages provide lodging accommodations.
  • Hillside Hall event venue accommodates gatherings of up to 100 guests.
  • Comprehensive renovations completed between 2015 and 2020.
  • Included business operation, furnishings, and equipment convey with sale.
  • Year-round paved access along State Highway 69 in the Wet Mountain Valley.

OVERVIEW

Own an entire Colorado town. The Town of Hillside consists of 9.91 acres on Highway 69 in the Wet Mountain Valley sitting below one of Colorado's most iconic backdrops. This is a turnkey hospitality property and local landmark dating to the 1920s. The offering includes five fully renovated vacation rental cottages sleeping up to 18 guests, the iconic 2,800 SF Hillside Hall event venue hosting up to 100 beneath one of Colorado's oldest black willow groves, and the historic Post Office House, currently a long-term rental. All seven buildings (±6,205 SF) were comprehensively rebuilt between 2015 and 2020. The renovations included new electrical, HVAC, hot water, and septic throughout, while preserving original wood floors and exposed beam work. Sold fee simple with the ongoing business, furnishings, and equipment included. Income flows from nightly rentals, weddings and events, and long-term rental, with clear upside: convert the Post Office House to a sixth key, grow the events calendar, and develop 4-5 open acres (glamping, yurts, tiny homes). Beyond the numbers, Hillside is a rare legacy purchase, a historic town to steward and pass down through generations with lodging for 18 plus a private event hall, it's equally suited as a company retreat or family compound. Year-round paved access 12 miles north of Westcliffe, 40 minutes to Salida, one hour to Monarch Mountain, all beneath the Sangre de Cristo range and some of the darkest night skies in Colorado. Detailed financials available to qualified buyers under NDA.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$282 USD /SF

# OF ROOMS

5

PRICE/ROOM

$350,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hillside Colorado: Vacation Cottages

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1956

PARKING SPACES

27

LAND DETAILS

LAND ACRES

9.53 AC

LAND SF

415,127 SF

ZONING

Special Purpose

APN/PARCEL ID

R035644,R035645

ASK ABOUT THIS PROPERTY

Joey RovinskyPinon Real Estate GroupMore Info
614-940-9980

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Joey RovinskyPinon Real Estate GroupMore Info
614-940-9980

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