$810,000
Kremmling, CO 80459
MLS# 19-1515
Status: Closed
30 beds | 17.5 baths | 13220 sqft
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Property Description
Amazing opportunity for commercial investment (15% cap rate) and to own a piece of history! This hotel was established in 1906 and contains 26 rooms, new outdoor hot tub, 3 apartments, two commercial spaces and a detached garage. Live on site, or rent all the units. The current owners have maintained the property beautifully inside and out!
Details
Maps
Documents
Contract Information
Property Subtype: Multi Family
Percent Ownership: Full
Reservations: Available
1st Right of Refusal: No
List Price Per SqFt: 69.33
Sold Price Per SqFt: 66.0685
Current Price: $810,000
Status: Closed
Begin Date: 2019-10-02
Sold Date: 2019-12-13
Sold Price: $810,000
Under Contract Date: 2019-10-17
Location, Legal and Taxes
Parcel Number: 144107415003
Association Y/N: No
Taxes: 7656.36
Tax Schedule #: R020260
Legal: Subd: KREMMLING Lot: 2, 4 Block: 2
FIRPTA (Foreign Investment in Real Property Act): No
General Property Description
Realtor.COM Type: Commercial
Total SqFt: 13220
Finished SqFt: 12260
Lot Size: 7022.40
Acres: 0.17
Garage Type: Detached
Garage Stalls: 2
Year Built: 1906
Total Bedrooms: 30
Total Bathrooms: 17.5
Remarks
Book Msg 2: *** NEW LISTING ***
Description
Fenced: 1
Furniture: 1
Hardwood Floors: 1
Smoke Alarm: 1
View Mtns: 1
Workshop: 1
Miscellaneous
Minimum Earnest $: 15000
Possession: 14 Cal Da Aft Close
Sales Transfer Tax: No
Water Source
Public: 1
Tap Fee Paid: 1
Sewer Source
Community: n/a
Public: Tap Paid
Utilities
Electric: Connected
Natural Gas: Connected
Telephone: Connected
Heating
Natural Gas: 1
Appliances
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Construction
Frame: 1
Rock: 1
Amenities
Fishing: 1
Horseback Riding: 1
Hot Tub: 1
Lodge: 1
Outside Storage: 1
Owners Closet: 1
Road Maintenance: 1
Trash: 1
Hunting: 1
Terms
Cash: 1
Conventional: 1
Possible Usage
Accommodations: 1
Business: 1
Commercial: 1
Multi-Family: 1
Residential: 1
Location Legal and Taxes
Area: Kremmling Area
House Number: 104
Street Direction Pfx: South
Street Name: 2nd
Street Suffix: Street
County: Grand
State/Province: CO
Postal Code: 80459
Tax Year: 2018
Subdivision: KREMMLING
Property Features
Water Source: Public; Public; Tap Fee Paid
Heating: Natural Gas
Appliances: Microwave; Oven; Range; Refrigerator
Construction: Frame; Rock
Amenities: Fishing; Horseback Riding; Hot Tub; Lodge; Outside Storage; Owners Closet; Road Maintenance; Trash; Hunting
Description: Fenced; Furniture; Hardwood Floors; Smoke Alarm; View Mtns; Workshop
Terms: Cash; Conventional
Possible Usage: Accommodations; Business; Commercial; Multi-Family; Residential
Lead Based Paint Disc 
Listing Office: Re/Max Red
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.