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Alexander Lake Lodge 21221 Baron Lake Dr

21 Room Hotel Cedaredge, CO 81413 $4,264,578 CAD ($203,075 CAD/Room)

Investment Highlights

  • Alexander Lake lodge provides a full-service restaurant and lounge with 2 dining areas, 6 private rooms and 3 bathrooms.
  • Alexander Lake Lodge is situated on 10.17 acres of pristine, privately owned land that borders Alexander Lake and is surrounded by national forest.
  • Own, not lease, your own mountain top and an established business surrounded by year-round recreation.

Executive Summary

Alexander Lake Lodge is a truly one-of-a kind family-owned business that caters to outdoor lovers from all over the world. Nestled atop of the Grand Mesa, Alexander Lake Lodge is situated on 10.17 acres of pristine, privately owned land that borders Alexander Lake and is surrounded by national forest. Alexander Lake lodge provides a full-service restaurant and lounge with 2 dining areas, 6 private rooms and 3 bathrooms, maintenance building, 7 cabins and 8 motel style rooms. Amazing opportunity for growth with the potential to have an additional 16 RV (dry lots), 7 additional lake view cabin lots and snowmobile/ATV. permits. Own, not lease, your own mountain top and an established business surrounded by year-round recreation. Alexander Lake Lodge has the perfect outdoor setting to enjoy endless hiking, ATV and snowmobile trails, with scenic views, mountain lakes and untouched terrain, or a picturesque scenic day drive. Anglers will find several species of trout, cutthroat, and other fish that have been well stocked in the many lakes surrounding the property. For big game hunters, backcountry hunting opportunities for trophy elk. Western Colorado’s Grand Mesa National Forest, is the world’s largest flat-top mountain, bursting with over 300 lakes which are sprawled across 500 square miles of striking terrain. Only 45 minutes from Grand Junction airport, this property offers boundless opportunity for growth and expansion.

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $4,264,578 CAD
Price Per Room $203,075 CAD
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 10.17 AC
Building Size 5,961 SF
No. Rooms 21
No. Stories 2
Year Built/Renovated 1924/2019
Parking Ratio 5.87/1,000 SF
Corridor Interior

Amenities

  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Multi-Room Suites

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000299
Land Assessment
$46,473 CAD
Improvements Assessment
$265,306 CAD
Total Assessment
$311,779 CAD

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 31407636

  • Date on Market: 2024-04-03

  • Last Updated:

  • Address: 21221 Baron Lake Dr, Cedaredge, CO 81413

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