| China Clipper - Gold | |
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Built in the mid 1990's as a bed and breakfast, the China Clipper has been well-designed for its use. Located just a block off of Main Street in the middle of town, guests may walk to shops, galleries and restaurants--all that the town has to offer.
With 13 well proportioned guest rooms (one a two room suite) the original builder has spent the last 13 years creating a stable business. It is very reasonably priced and is considered an investment grade property. Priced at a 9% cap rate. Seller may consider owner carry with approved buyer. The two bedroom two bath owner's quarters is situated on the walkout lower level, and offers privacy from the guests. Truly a mountain getaway, Ouray and surrounding areas offer all year round outdoor activities. In winter, home to world renowned ice climbing festivals, Ouray bustles with activity. Nearby Telluride has some of the best downhill skiing Colorado has to offer. |
Price: $1,150,000
Address: 525 2nd Street
City: Ouray
State: CO
Postal Code: 81427
Country: United States
Number of Rooms: 13
Rooms Description: All rooms are large, full of light with en-suite baths. There are 3 King beds and 10 Queen. 6 rooms have fireplaces, 3 have jetted tubs, 1 has a soaking tub and 1 room has been modified for handicap use. There is also a large communal hot tub in the back.
Number of Baths: 14
Baths Description: All baths are en-suite, large with tubs and showers.
Yearly Revenue: $250,000
Occupancy Rate: 38
Avg Daily Rate: $134
Highest Room Rate: $250
Lowest Room Rate: $130
Seasonal Property?: Yes
Associations: Ouray Chamber of Commerce
Owner Quarters?: Yes Owner Quarters Description: Large two bed, two bath with living room, kitchen and office. A one car garage is attached as well.
Architecture: Contemporary
Year Built: 1994
Acreage: 5112 sq. ft
Website URL: Visit
Owner Financing?: Yes Renovations: Excellent condition throughout
Years as Business: 12
Broker URL: Visit
Broker Contact Info: 720-979-3184
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