Bross Hotel $775,000

The Bross Hotel is a three-story, plus basement, triple-brick edifice with a covered balcony and porch on the front. There are ten guest rooms with private baths. Commercial kitchen. Conference room. Large dining room with antique back bar. Unique four-panel, bronze sculpture fronts stairway in lobby. First floor owner's quarters with full bath. Town water and sewer. Gas fired hot water baseboard heat. Paved, adjoining, off-street parking. Gracious gardens, decks and private patio with hot tub. Opened after restoration in 1997 as a bed and breakfast. Purchased by the present owner in 2000, the Bross Hotel has increased its occupancy and income over the past seven years. Taxes in 2012 were $3200. Being sold as a turnkey operation. A listing of items included in the sale is available. A 9-year summary of occupancy and finances is available upon showing of the property and with a confidentiality agreement.

Details

  • Built in 1906
  • 16 years as B&B
  • Last renovation in 1997
  • 10 Guest Rooms
  • 10 Guest Bathrooms
  • Has owner's quarters
  • $775,000
  • 30% annual. occ. rate
  • $130.00 avg daily rate
  • $128,000 gross revenue
  • $126,000 room revenue

Listing Agent

Bernadette Stech
39675 Panorama Rd.
Paonia, CO 81428

Phone: 1.970.5274717
Cell: 1.970.2615928
email: dan.stech@yahoo.com

Location

312 Onarga Avenue Paonia, CO 81428

Photos (click to enlarge)

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