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'Commercial Property'
2 result(s) found
32 miles west of Telluride. Gateway to Area 61
hunting. 12 rooms plus manager's studio.
Well-maintained. 4 years strong growth. 15% cap rate. (970) 729-1797
32 miles west of Telluride. Gateway to Area 61
hunting. 12 rooms plus manager's studio.
Well-maintained. 4 years strong growth. 15% cap rate. (970) 729-1797
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Enhanced from Grand Junction Daily Sentinel
Approximately 0 miles from 81501
Placed on 10/11/2017
Ends on 10/24/2017
$549,000.00
The Norwood Inn is located on main street in the heart of the town of Norwood, 32 miles west of Telluride. It is the gateway to Area 61 hunting. 12 rooms all with full kitchens/kitchenettes plus a manager's studio. A turn-key business and a well-maintained and updated property. 4 years of strong revenue growth. At full price, a 15% cap rate with no owner-draw. 9% cap rate with a $2,500 monthly owner-draw. Call (970) 729-1797 The Norwood Inn is located on main street in the heart of the town of Norwood, 32 miles west of Telluride. It is the gateway to Area 61 hunting. 12 rooms all with full kitchens/kitchenettes plus a manager's studio. A turn-key business and a well-maintained and updated property. 4 years of strong revenue growth. At full price, a 15% cap rate with no owner-draw. 9% cap rate with a $2,500 monthly owner-draw. Call (970) 729-1797
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Enhanced from Grand Junction Daily Sentinel
Approximately 67.5 miles from 81501
Placed on 10/9/2017
Ends on 10/23/2017
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