Snapshot

Active

Ownership: Fee Interest
Type: Hotel
Sub Type: Extended Stay
Chain / Market Scale: Independent
Corridor: Interior
No. of Keys: 31

Founded in 1906, this historic boutique hotel presents considerable income potential through a hybrid model of hotel accommodations and long-term boarding. The hotel plays a vital role in addressing the shortage of extended-stay housing for local workers, supporting the Summit and Grand County workforce, and attracting visitors throughout the year. The property features 28 uniquely designed rooms, 3 apartments, and 2 commercial spaces with modern amenities like flat-screen TVs, mini-fridges, and microwaves. It holds considerable investment potential as it can continue operating as a hotel, be converted into long-term housing, or be transformed into a mix of short-term rentals and apartments. Additionally, the hotel includes two retail spaces occupied by a clothing store and a flower shop, which can either remain as rentals or potentially be converted into extra lodging units. The Hotel Eastin provides a steady income from guests, long-term tenants, and retail leases, making it an excellent investment opportunity for hoteliers, developers, or entrepreneurs.

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Property Sub Type: Extended Stay
Chain / Market Scale: Independent
Corridor: Interior
Keys: 31
Building Status: Existing
Stories: 2
Building size(SF): 12260
Year Build: 1906
Common area amenities:

High Speed Internet

Source of Business:

Group

Corporate

Leisure

Commercial

Additional Links:

Location


Country: United States
State: Colorado
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

Brokers

Dan Emert

Managing Principal
Prime Investment Properties LLC

CO #ER 100070808
GA #431857
MO #2021048757
NE #20220210
NM #REC 2023 0433
OK #206970
PA #RM425331
WY #RE 15133

970 658 8098
Dan@PrimeInvestmentProps.com


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