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New to Market! Smartly Priced and Profitable 13 Room Bed and Breakfast in America's ''Little Switzerland''

Investment Grade, Neo-Victorian style located in Southwestern, Colorado
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Price: $1,150,000

Property Features:
• Historic: No
• Year Built: 1995
• Gross Revenue: 257,000
• Percent Furnished: 98%
• Setting: Mountain
• Square Feet: 7100
• Guest Rooms With Bath: 13
• Common Areas: 2
• View Images

Owners Quarters: Yes
• Separate Structure: No
• Bedrooms: 2
• Bath Rooms: 2
• Square Feet: 1000
• Garage: 1 car oversized

Property Description:
The China Clipper is a profitable bed and breakfast located in America's "Little Switzerland", Ouray Colorado. Surrounded by majestic peaks in all directions, Ouray is heavily touristed particularly in summer.

Built in the mid 1990's as a bed and breakfast, the China Clipper has been well-designed for its use. Located just a block off of Main Street in the middle of town, guests may walk to shops, galleries and restaurants--all that the town has to offer.

With 13 well proportioned guest rooms (one a two room suite) the original builder has spent the last 13 years creating a stable business. It is very reasonably priced and is considered an investment grade property. Priced at a 13% cap rate, the business should qualify easily for 80% financing.

The two bedroom two bath owner's quarters is situated on the walkout lower level, and offers privacy from the guests.

Truly a mountain getaway, Ouray and surrounding areas offer all year round outdoor activities. In winter, home to world renowned ice climbing festivals, Ouray bustles with activity. Nearby Telluride has some of the best downhill skiing Colorado has to offer.

Area Data
Ouray is located in southwestern Colorado on US Highway 500, approximately 80 miles north of Durango and 35 miles south of Montrose. The portion of Highway 550 betwwn Ouray and Silverton, 24 miles to the south, has been named The Million Dollar Highway and is part of the San Juan Skyway, one of the most scenic and specacular mountain drives in North America. The Million Dollar Highway derives its name from the low grade gold ore present in its road bed. Ouray, the "Switzerland of America" has been a destination of world travelers for more than 100 years.
Ouray was incorporated in 1876. Many of its buildings were constructed between 1880 nd 1900 and virtually all of them are still standing. Today Ouray looks like it did 100 years ago. Unlike other mining towns, Ouray never experienced a large fire and as a result, a significant number of 19th century commercial buildings remain in town. The entire town is listed on teh National Register of Historic Districts.

Physical and Climate
Elevation--7760 feet
Topography--Surrounded by the San Juan Range, peaks surrounding the town rise to 13,000 to 14,000 feet
Population--Approximately 1000 full time residents
Climate--285 sunny days per year
Summer--Typical daytime temperature in the 70's to 80's with evening temps in the 50's. Humidity is very low with brief afternoon showers typical in July.
Winter--140" average snowfall. A typical winter day is sunny and bright, with highs averaging in the 40's and lows in the high teens. Snowstorms sometimes heavy.

Ouray can be reached by flying into one of several nearby locations. Air service is available into Montrose, Telluride, Grand Junction, or Durango. Taxi and limo transportation services are available to and from Ouray and Montrose with car rentals available at all surrounding airports. There is bus service through Ouray.

Travel Distances
Durango--80 miles
Telluride--47 miles
Montrose--34 miles
Silverton--23 miles
Cortez-125 miles
Grand Junction--96 miles
Mesa Verde--110 miles
Moab--133 miles
Colorado Springs--267 miles
Denver--300 miles
Albuquerque--300 miles

Local Attractions

Ouray Hot Springs
San Juan Skyway
Ghost Town Exploration
Scenic River Tours
Chief Ouray Gun Club
Fly Fishing
Box Canyon
Ouray Ice Park
Ouray Sports

Winter Exterior
Guest Room
Close Up of Front
Guest Room
Guest Bath
South Side of Exterior
Guest Room
Guest Room
Guest Room
Guest Room
Guest Room
Dining Room
Breakfast Seating
Guest Room
Hot tub
Breakfast Eating Area
Guest Room
Aerial View of Ouray

Price: $1,150,000

• Roxanne Kolbe/Becky Goldsmith
• Cell Phone: 720-979-3184, 303-916-8660
• Fax: 720-746-2858

About the Brokers

Roxanne Kolbe and Becky Goldsmith are experienced inn brokers in Colorado who have helped many inn buyers and innkeepers realize their dreams. Considered one of the top inn broker teams in the country, each year the duo successfully brokers a number of speciality hospitality properties.

Their combined skill sets make a terrific package. Roxanne has nearly 30 years experience in national sales and marketing, financial analysis, and real estate brokerage. Becky spent the bulk of her career in the hospitality services, and transitioned into real estate brokerage about 7 years ago.

The team has represented buyers, sellers (or both!) in the following list of bed and breakfast inns for sale:

The Hardy House (renamed the All Aboard Inn), Georgetown
Climbing Cub, Divide
The Sodbuster Inn, Greeley
2300 Downing Street, Denver
The Cascade Escapes (renamed the Blue Spruce Inn), Cascade
Willow Pond Bed & Breakfast, Grand Junction
The Ice Palace Inn, Leadville
River Spruce Cottages, Estes Park
The Western Skies, Keystone, CO
The Abriendo Inn, Pueblo, CO
The Sodbuster Inn, Greeley, CO (resale)
The Anniversary Inn, Estes Park
6667 Highway 36, Estes Park (conversion)

Lease Options
The Plains Hotel, Cheyenne Wells
The All Aboard Inn, Georgetown

Contact Roxanne Kolbe/Becky Goldsmith about this property.

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© 2008
Phone: 303-916-8660 • Phone: 720-979-3184 • Fax: 720-746-2858
8968 N. Awl Road • Parker, CO 80138

Thursday, November 20, 2008 - Under License by®