USA
: Colorado
The Valhalla
|
|
|
Valhalla Resort is a family style hospitality property for sale located in Estes Park, Colorado. Just 1.5 hours from Denver and its airport, and less than one hour from Fort Collins, Valhalla hosts many families that return here year after year.
The resort, situated on 13 acres of treed terrain, consists of a collection of 23 cabins, an activity center and pool, and 2 separate, spacious owner's quarters. Additionally, there are two cabins that are rented out by the resort under a revenue sharing arrangement with the owners. There is a total of approximately 28,000 square feet of buildings. The property has been well maintained, and is fully staffed. There are a total of seven units with king beds, six units with either Jacuzzi or hot tub, and all units are appointed with fireplaces.
Although particularly busy during the summer months, and with occupancy rates that approach 90% during the summer, the resort does operate year round. While many of the smaller hospitality properties in the area are closed down, Valhalla maintains it's off-season occupancy by offering attractive winter rates. There are two owners’ quarters. The first is a 2900 SF two story building which includes the office/laundry area and is configured with 3 bedrooms and 2.5 baths. The second is an 1800 SF 3 bedroom 2 bath ranch style home.
This investment grade hospitality property for sale has been priced on an income multiple, and offers new owners a long term stable income stream that has increased steadily each year. Net operating income averages $350,000 per year for owner operator.
Estes Park sits just outside the Rocky Mountain National Park, Colorado's most popular tourist destination and visited by over 3 million people each year. As such, Estes Park enjoys the highest average ADR's in Colorado. Famous for the elk that venture down from higher altitudes in the fall and meander through the town, many hospitality properties in Estes Park operate year round, and winter visitors come up to the park to cross country ski, snowshoe and hike.
Boasting an event calendar that would put most small towns to shame, Estes Park swells to capacity in the summer with visitors from all over the world. Many are traveling with their families, for the area offers boundless opportunities for family fun. Valhalla resort has done a great job of capturing this market, and the property is particularly well suited for the traveling family, offering many different cabin configurations and pricing options.
Rocky Mountain National Park and Roosevelt National Forest surround the village of Estes Park with spectacular mountain scenery, abundant wildlife habitat, nearly 360 miles of hiking trails and scenic drives including Trail Ridge Road over the Continental Divide and the Peak to Peak Scenic Byway. |
|
|
| Contact: Roxanne Kolbe or Becky Goldsmith |
| Property Location: |
2185 Eagle Cliff Road
Estes Park, CO
80517
|
| Request More Information |
Phone:
(720) 979-3184 |
| Cell: 720-979-3184 |
| Asking Price: $3,500,000 |
| Property Details: |
 | Guest Rooms: 23 | | Private Baths: 23 | | Baths(Total): 23 | | Years in Business: 50+ | | Year Built: 1950s | | Square Footage: 28,000 | | Land(Acres): 13 | | Occupancy Rate: 46% (89% in summer m% | | Average Daily Rate: $167 (230 in summer m/day | | Gross Revenue: $785000/year |
|
|
