In 2002, Forbes magazine ranked this B&B one of the top in America. This property features 5 guest rooms each with a private bath. The entire 3rd floor features a vaulted ceiling, fireplace, deck with hot tub and kitchen. Innkeepers quarters features one bedroom, full kitchen, living/dining room, half bath, full finished basement with storage, 3/4 bath and laundry room. Radiant floor heat. Wrap around front porch, balconies for each room, centrally located in the historic town of Telluride. This B&B caters to the international ski crowds that flock to the resort in the winter. During the summer, Telluride has a busy festival schedule, that brings travelers from all over the nation. A real estate investment in Telluride is also a lifestyle investment. With some of the country's fastest appreciating real estate, Telluride's values are anticipated at hitting Aspen and Vail's. Revenues generated by room rental are $100K plus. RezOvation software, furnishings in guest rooms included. Cash on closing, US dollars
Details
- Built in 1998
- 10 years as B&B
- For Sale By Owner
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- 5 Guest Rooms
- 5 Guest Bathrooms
- 4400 sq ft
- 2 Parking Spots
- Has owner's quarters
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- $4,000,000
- For Sale By Owner
- 24.85% annual. occ. rate
- $215.00 avg daily rate
- $100,000 gross revenue
- $210 room revenue
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Location
627 W Colorado Ave Telluride, CO 81435
Photos (click to enlarge)
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