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Incredible Destination Resort Auction
Online Only
Bidding Ends May 31 @ 3 PM MDT
Property Location: 1148 Hwy 11 Laramie, WY 82070
Highlights:
• Lodge: 4,007± SF wood framed lodge housing restaurant, event room, bar, convenience store, office and large deck and grassy area
• Motel: 3,120± square foot with 9 rooms plus one laundry unit
• 9 cabins and 2 suites
• Rental Office / Shop
• Rental Storage and Storage Barn
• Capable staff and management team in place
• The property has a successful operating history, ongoing revenue and net income increases.
• Broker Participation Welcome
• Albany Lodge, a destination resort, offers a tremendous on-going mountain recreation business, easily operated, of known reputation, quality improvements, and excellent location right in the heart of the Rocky Mountains
Albany Lodge has a significant number of repeat customers as well as new customers each year. The operation is appropriately staffed for success and succession. The quality of the property, people and mountain aesthetics is seen throughout.
Whether you are an owner operator or an investor, this business is simple to manage and operate and the investment is backed up by the value of the assets. Not often does an asset backed business opportunity come to the open market that is throwing off 18% Net Income and priced at about a 9% cap rate.
We look forward to showing you this great business income property!
303-912-8807 / www.auctionpoint.com/AlbanyLodge
Terms & Conditions: Minimum starting bid $1,600,000 and is subject to a Seller Reserve held by the Auctioneer. 10% down within 2 days. Must allow a day of sale charge on prior established credit card of $5000, in the event of winning bid as a deposit to get the 10% in 2 days
Mason Morse Ranch Company – Proud Affiliate of United Country Real Estate
1614 Grand Ave, Glenwood Springs, Colorado 81601
www.Ranchland.com
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