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Successful Lodging Business

35 Silver Thread Land, South Fork , Colorado 81154 - Rio Grande County
$1,490,000 1.90 Acres
16 beds 12 Bathrooms 11236 Sq.Ft.
Property ID 3255735


Foothills Lodge and cabins is nestled into the heart of the scenic mountain town of South Fork, Colorado and is in the middle of a fishing, hunting, skiing, golfing, and general outdoor enthusiasts paradise! Owned and operated successfully by the same owner for over 14 years, it consists of 15 rooms/cabins and includes a large managers quarters and office. This property is able to boast of a 78+% year around average occupancy rate. The outdoor activities in the area are endless and include a championship 18 hole golf course; gold medal fly fishing waters of the Rio Grande River as well as numerous lakes; world class powder skiing at Wolf Creek Ski area which routinely boasts the most snow in the state; miles and miles of ATV trails, hiking trails and mountain biking trails; trophy class big game hunting; as well as hiking and enjoying the thousands of acres of public lands. Located at 8200 feet the area is known for cool summer days and crisp nights which attract many tourists from the warmer climates! The facilities are best described as rustic elegance. Total capacity is approximately 100 guests with all beds full. The lodge has 9 connected cabin style units and there are 6 separate cabins. Fourteen units have a kitchen, living room, dining area, full bathroom, WiFi, DirectTV, new flat screen televisions and free movie library. One unit has no kitchen but offers a microwave and refrigerator. There is also a workshop and storage facility. Seven units are designated as pet friendly and some are pet free to assist with people who may have allergies. There appears to be room for expansion if desired. The entire area is and has been immaculately cared for! In addition to the upscale lodging facilities there is a centrally located hot tub/spa in a redwood gazebo and a new 8 by 16 swim spa installed in summer of 2015. The property has full time on premises managers, a general manager, and is staffed 24 hours a day. Grocery store, liquor store, restaurants, and sports stores are all within walking distance. Room sales only exceed $300,000. Basic financials will be made available to qualified buyers. Detailed financials are available to prequalified buyers with a bank letter of credit or prequalification equivalent and a signed confidentiality agreement which can be obtained from the listing broker. The website for the property will be transferred to a new buyer. The business and real estate are offered turnkey with the exception of business software lease and several personal items which the seller will retain. Thirty days training included with the sale. Other training and consultation is negotiable. A complete list of included inventory will be provided at request. Be sure to read the reviews in various travel websites such as Trip Advisor, Expedia and Booking to see what folks are saying!

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