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27372641
27372657

1305 W 3rd St, FLorence, CO 81226 For Sale

JC
CO 40037678
Jeffrey Coutts
Listed by Jeffrey Coutts
$1,200,000
285 days on market
Updated 3 days ago
Opportunity zone

The Red Rosebud Bed & Breakfast and Events.

Details
Property Type Business for Sale, Mixed Use (+1)
Sub Type Hotel, Business and Building (+1)
Square Footage 4,551
Units 7
Beds 7
Cap Rate 5.42%
NOI $65,000
Occupancy 100%
Pro-Forma Cap Rate 10%
Pro-Forma NOI $120,000
Price per SqFt $264
Broker Co-Op Yes
Class B
Year Built 1886
Year Renovated 1980
Buildings 4
Stories 2
Lot Size (SqFt) 43,460
Zoning Mixed Use
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

The Red Rosebud Bed & Breakfast....A 1886 Victorian Estate with 4 Buildings on acreage!

Marketing description

This is beautifully constructed Victorian estate mansion built in 1886. The home sits on 43,460 sq ft lot although it seems much larger! There are 7 bedrooms, 6 baths in the home. Currently there are 5 rooms available for rent the others are used for the Sellers purposes but could be used as rental rooms as well.

This property comes complete with all of the F,F&E (furniture, fixtures & equipment) necessary to run the Bed & Breakfast from Day 1. The property comes with a Carriage House built in 1907 over 2K sq ft in size. There is a Pre Civil war log cabin on site as well which was the home to Fremont County's 1st Carhop! History abounds in the property at 140 yrs old!

There is a beautiful hottub spa/sitting area, a raised garden, a greenhouse, BBQ smoker and more! The home is beautifully appointed with antiques throughout and is a very special property to be sure.

Seeing is believing so enjoy the video and once you do, you will know what a complete package this property is! Comes with turn key, rebranded B&B business complete with website, advertising & bookings for 2026 and beyond!

Seeing is believing…So if you are looking for a Work/Live lifestyle in a smaller community, then this is what you have been looking for!!!

Valuation is $1,1 Mill for the real estate ( 4 buildings) and the business is valued at $100K….

Seller will consider partial exchange for Colorado Real Estate and has a assumable loan at 5% for $623K of the purchase price if needed and can be written into the deal. Seller wants $400K to make next deal....

The Sellers may entertain a Master Lease of the property for a short term built into a purchase strategy...

Contact Jeff to discuss your purchase ideas today and with help putting together your next chapter of Life!

The Sellers are willing to train new ownership for a predetermined timeframe (after closing per contract) if you are not ready to occupy immediately Call Jeff @ (720 341-8118) or email for more information, to set up a showing, submit an offer, etc.

Seller is also a licensed Colorado real estate broker so feel free to contact Jeff to discuss your thoughts on purchase, answer your questions and hopefully figure out a way for you to own this magical property!

There is a book on the history of the property that comes with purchase and we are working on the 140 year Commemorative Edition of the history of 1305 W. 3RD St. Florence, Co.

Seeing is believing and we hope to see you here soon!

Investment highlights

Turn key existing business including full brand identity...Booking website, Domain names, email & phone number....signage, advertising, branded cups, robes, etc. and all F, F, & E included!

Hard to find Legacy property that affords a relaxing environment to further grow the business.

****BE SURE TO WATCH THE VIDEO TO SEE THE ENTIRE PROPERTY, INSIDE & OUT! ******

Excellent upside and ability to grow income with additional businesses on site...1. Victorian Event Center, 2. Dog Breeders, 3. Chef's executing Farm to Table solutions, 4. Relaxation solutions(Yoga, Massage, Meditation).

Seller retiring...Opportunity is Now and this special property at 140 years is prime for its place as

"A place to make memories" for families, companies, teams and more!

Seeing is believing...

Listing Contacts

JC
CO 40037678
Jeffrey Coutts
Listed by Jeffrey Coutts

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$65,000.00
$5,416.67/mo

Valuation Metrics

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DSCR
5.42%
Cap Rate
5.42%
ROI

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