Active
$995,000

104 South 2nd Street

Kremmling, CO 80459

32Bedrooms
20.5Bathrooms
12,260Sq Ft
0.17Acres
1906Year Built
Multi FamilyType

Turn key operation, management in place @$81.00 per sq ft and 18% CAP rate. The Eastin Extended Stay Hotel offers strong rental history, driven by diligent housekeeping, comfortable bedding, and flexible nightly/extended stays meeting growing workforce housing demand. Located on historic Highway 40 on Kremmling's town square, it's within an hour of 8 Colorado ski resorts, ideal for skiing, snowmobiling, hiking, fishing, biking, ATVing, and rafting. With a ~4.5-star rating and 40-50% year-round occupancy, there's significant upside. Two commercial units on Highway 40 add entrepreneurial potential; one (owner's rent-free clothing business) could add $18,000 in annual cash flow if leased.

Property Details

Interior

Heating
Natural Gas
Flooring
Hardwood

Exterior & Views

Views
Mountain(s)

Utilities

Water Source
Tap Fee Paid
Sewer
Public Sewer

Ownership Costs

Annual Taxes
$13,159

Location

View larger map · Get directions

Mortgage calculator

  • Principal & interest—
  • Property tax—
  • Home insurance—
Loan amount
—
Down payment
—
Total interest
—
Total paid
—

Estimates for illustration only — not a loan offer, rate quote, or commitment to lend.

Listing courtesy of Re/Max Red.

Listed by Rebecca Ann Guthrie, Re/Max Red

Information deemed reliable but not guaranteed.

Call Request information