Aspen Inn Creede | 123 N Main St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Aspen Inn Creede 123 N Main St
4 Room Hotel Creede, CO 81130 $1,368,304 CAD ($342,076 CAD/Room)
Investment Highlights
- Beautiful rooms
- recent renovation
- Great Location
Executive Summary
Own a piece of downtown Creede! This building was Creede's firehouse for many many years before being remodeled and turned into a restaurant and Inn. Today it is the Aspen Inn upstairs, with 5 bedrooms, 4 baths. Profitable business! The downstairs is leased out to a local brewery for a secondary taproom (longterm lease established, but can be negotiated).
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$180,040
|
$35.72
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$180,040
|
$35.72
|
| Taxes |
$15,844
|
$3.14
|
| Operating Expenses |
$132,509
|
$26.29
|
| Total Expenses |
$148,353
|
$29.44
|
| Net Operating Income |
$31,687
|
$6.29
|
Financial Summary (Actual - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $180,040 |
| Annual Per SF | $35.72 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $180,040 |
| Annual Per SF | $35.72 |
| Taxes (CAD) | |
|---|---|
| Annual | $15,844 |
| Annual Per SF | $3.14 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $132,509 |
| Annual Per SF | $26.29 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $148,353 |
| Annual Per SF | $29.44 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $31,687 |
| Annual Per SF | $6.29 |
Property Facts Under Contract
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 4 | $218.93 CAD | - |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $359,463 CAD (2023) | |
| Land Assessment | $60,218 CAD (2023) | Annual Taxes | $15,844 CAD ($3.14 CAD/SF) |
| Improvements Assessment | $299,244 CAD (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$60,218 CAD (2023)
Improvements Assessment
$299,244 CAD (2023)
Total Assessment
$359,463 CAD (2023)
Annual Taxes
$15,844 CAD ($3.14 CAD/SF)
Tax Year
2022
zoning
| Zoning Code | commercial (Commercial) |
| commercial (Commercial) |
1 of 19
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Aspen Inn
Aspen Inn Creede | 123 N Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.