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33925255
33925256

1430 Race Street, Denver, CO 80206

LA
CO FA.100108870
$3,200,000
1 day on market
Updated 0 days ago

1430 Race Street

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 6,663
Units 8
Beds 8
Cap Rate 10.41%
NOI $333,219
Occupancy 70%
Pro-Forma Cap Rate 10.41%
Pro-Forma NOI $333,219
Price per SqFt $480
Year Built 1892
Year Renovated 2022
Buildings 1
Stories 3
Acreage 0.220
Zoning GRX3
Parking Spaces 5 spaces
Parking Per SqFt 0.75
Sale Condition 1031 exchange

Profitable turnkey B&B near downtown Denver

Marketing description

Flora House represents a rare opportunity for investor or owner operators to acquire a well established and profitable boutique hospitality asset in Denver’s renowned Wyman Historic District. The property benefits from exceptional proximity to the city’s cultural, dining, and commercial destinations and is one of very few lodging properties in the area. This 1892 Victorian mansion underwent a meticulous restoration and was redesigned in 2022. Today, the property operates as a boutique hotel / Bed & Breakfast with a growing clientele for private events.

Check out: www.florahousedenver.com

The property sits on a 0.22-acre landscaped lot featuring a spacious private garden and hardscaped outdoor gathering spaces. The interior offers elegant common areas and seven unique, luxury guest suites, each with a private en-suite bathroom. Included with the turnkey sale is all all FF&E (guest-facing, common area and operational), Intangible business assets (Branding, Website, reservation systems, Social media accounts, SOPs), and operational infrastructure (private one-bedroom owner/innkeeper residence, commercial kitchen, laundry, hot tub, storage, garage, 5 guest parking spots).

Flora House has established itself as a high-performing hospitality business with annual gross revenues consistently exceeding $500,000. In 2025, the property achieved 70% occupancy, with an Average Daily Rate (ADR) of $218 and RevPAR exceeding $150—performance metrics that significantly exceed broader Denver market averages for comparable accommodations. Meaningful growth potential exists through expanded event and group sales programming, optimized pricing strategies, expanded marketing efforts and online presence, and ongoing operational savings.

Flora House is a compelling combination of updated historic architecture, turnkey operations, proven performance, brand awareness & loyalty, with avenues for future growth within a sought-after neighborhood. An Offering Memorandum and financials are available for qualified buyers.

Showing by appointment only. Please respect that this is an operational business hosting paid guests.

Owner/seller has a Colorado real estate license and is selling the property for his own account.

The information contained herein is provided without the intention that any buyer rely upon it. The information was gathered from preliminary inspections of the property and knowledge from the seller/owner. It is subject to change without notice and must be verified independently by buyers. Listing Broker/Seller/Owner takes no responsibility for its accuracy.

Investment highlights

Compelling combination of updated historic architecture, profitable business, turnkey operations, proven performance, brand awareness & loyalty, with avenues for future growth within a sought-after neighborhood.

Listing Contacts

LA
CO FA.100108870

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$333,219.00
$27,768.25/mo

Valuation Metrics

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DSCR
10.41%
Cap Rate
10.41%
ROI

Map

Zoning

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G-RX-3 ResidentialMulti FamilyGeneral Urban Neighborhood Context Residential Mixed Use 3
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Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Leigh Alderton
License
FA.100108870
Brokerage
Modus Real Estate
Brokerage Phone
7205454657
Title
Broker Associate
Brokerage Address
2079 West 44th Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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