Colorado, United States
Sale conditions: Market
Ownership: | Fee Interest |
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Type: | Hotel |
Sub Type: | Extended Stay |
Chain / Market Scale: | Independent |
Corridor: | Interior |
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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.
Property Name: | Login to view |
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Property Type: | Hotel |
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Property Sub Type: | Extended Stay |
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Chain / Market Scale: | Independent |
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Corridor: | Interior |
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Keys: | 31 |
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Building Status: | Existing |
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Stories: | 2 |
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Building size(SF): | 12260 |
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Year Build: | 1906 |
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High Speed Internet
Group
Corporate
Leisure
Commercial
Country: | United States |
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City: | Login to view |
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State: | Colorado |
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Postal Code: | Login to view |
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APN/Parcel ID: | Login to view |
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Location Type: | Login to view |
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Managing Principal
Prime Investment Properties LLC
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