104 S 2Nd St, Kremmling, CO

House

For Sale

Listed price in listed location currency (USD).

$995,000

32212

MLS® 26-1192

Overview

Key Facts

Type

Levels Residential

Size 12260 sqft

Garage Yes

Taxes $13,159

Days Active 69

Lot Size 0.17 Acres

Approx. Age 1906

Avg. Price Per Sqft $81

MLS® Number 26-1192

Property Address: 104 S 2nd St, KREMMLING, CO, 80459-5054

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number26-1192

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1906

Basement

Driveway

Garage Spaces

HeatNatural Gas

A/C

Extras

Map

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