631 N Silver St - Hospitality FOR SALE


Lake City, CO 81235
$1,885,000 USD
651-492-0563
631 N Silver St, Lake City, CO for Sale
$1,885,000 USD
Hospitality - FOR SALE
1/25
null | 9.5% Cap Rate

631 N Silver St
Lake City, CO 81235


HIGHLIGHTS

  • Well-Established Seasonal Mountain Log Cabin Resort situated in historic Lake City, Colorado
  • The season runs from approximately June 1st through September 30th each year, offering an unmatched lifestyle for an owner-operator
  • 9.5% Cap Rate based on the Property's 2024-2025 average EBITDA
  • 12 Cabins including ten studio cabins (each sleeping 4) and two “Deluxe” cabins (each sleeping 6)
  • The Property Maintains 80-85% Occupancy During the Season with a high percentage of advanced bookings, and repeat customers
  • Significant Renovated Inside and Out including new contents and furnishings as well as electrical service have been implemented over the past 4 years

OVERVIEW

SVN | Northco is pleased to present, as exclusive advisor to ownership, the sale of Alpine Village, an established, seasonal cabin resort (6/1 - 9/30) situated in historic Lake City, Colorado ("Property"). Located in Western Colorado, approximately 255 miles southwest of Denver, the Property offers a remote mountain retreat with convenient access to top regional attractions. These unique rustic cabins come with modern comforts, and the Property benefits from its walkable proximity to downtown Lake City amenities and direct access to the region's marquee outdoor demand drivers. Its proximity to high altitude hiking trails, Lake San Cristobal, and numerous outdoor attractions, makes it an ideal destination for outdoor enthusiasts. The Property offers twelve cabins, providing a range of comfortable accommodations designed to suit a variety of group sizes. Each unit is equipped with a full kitchen, private bathroom, queen bed, flat screen smart TV, Wi-Fi, and in-room coffee. Guests also enjoy inviting outdoor common areas, including fire pits, picnic tables, grills, and a fish cleaning sink, all the while surrounded by the natural beauty of the San Juan Mountains. The Property has been extensively renovated inside and out, and each cabin includes new contents and furnishings, as well as updated electrical service. Over $300,000 in capital improvements have been completed over the past several years, making Alpine Village a one-of-a-kind, turnkey investment.

FOR SALE DETAILS

PRICE

$1,885,000 USD

PRICE/SF

$265 USD /SF

# OF ROOMS

12

PRICE/ROOM

$157,083 {currency}

CAP RATE

9.5%

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Alpine Village Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1947

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,832 SF

ZONING

-

APN/PARCEL ID

R000923

ASK ABOUT THIS PROPERTY

Ned RuppSVN | Northco Real EstateMore Info
651-492-0563

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Ned RuppSVN | Northco Real EstateMore Info
651-492-0563

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