For Sale
$1,100,000

810 Grand Mesa DrCedaredge, CO 81413

Colorado Lodge, 11 Units, High Returns

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents the Cedaredge Lodge, a thriving hospitality business nestled in the scenic town of Cedaredge, Colorado. Boasting 11 rental units across two buildings – a three-story lodge and a one-story motel – this property offers 20 beds and a maximum occupancy of 36 guests. Built in 1985 and renovated in 2010, the 8,261 square foot property sits on 1.15 acres of commercially zoned land (APN: 319320200018). The lodge features a variety of unit configurations, including king and queen suites, some with full kitchens and kitchenettes. Amenities include a game room with vintage arcade games, a hot tub, and a commercial kitchen. Many units are dog-friendly, enhancing rental appeal. The property's prime location on Highway 65 provides easy access to the Grand Mesa's abundant recreational opportunities, including hiking, fishing, skiing, and snowmobiling. The hands-off operational model, utilizing key code entry and online booking platforms like Airbnb, minimizes management overhead. The property's strong year-round appeal, coupled with its established rental history, makes it an attractive investment for owner-users seeking a high-return, short-term rental property. The asking price is $1,100,000 ($133.16/sq ft). Cedaredge offers a charming small-town atmosphere with local amenities and proximity to larger towns like Delta and Montrose. This property presents a unique blend of income generation and recreational access in a desirable Colorado location.

Highlights

  • Mountain Lodge for Sale in Cedaredge, CO
  • 11 units with 20 beds, sleeping up to 36 guests
  • Commercial kitchen included
  • Outdoor, three-season guest kitchen
  • Select units feature in-unit kitchens
  • Convenient Highway 65 location

Property Details for 810 Grand Mesa Dr

Property type
Hospitality properties, Motels
Square Feet
8,261 SF
Year Built/Renovated
1985/2010
Buildings
2
Stories
2
Lot Size (sq. ft)
50,094 SF

Location Insight

City
Cedaredge
County
Delta
State
Colorado
Latitude
38.9105921
Longitude
-107.9246788
810 Grand Mesa Dr, Cedaredge, Colorado

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810 Grand Mesa Dr
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