Hot Listing
Vacation Property Management in the Rocky Mountains
Business Description
Exceptionally profitable River Stone Property Management Company in Estes Park Colorado serving 26 units from 2 HOAs (River Stone & Bear Paw) each HOA has its own agreement with the on-site management company. Zoning is Estes Park A-Accommodations. Purchase price includes owner's and managers' living quarters, commercial laundry, reception/check-in office, plus a heated 5-car garage & workshop/storage facility, consumable inventory and some furniture, fixtures, and equipment. This business, near Rocky Mountain National Park, has been operating since the early 2000s and run by the current owners since 2013. The 26-unit owners have individual contracts with the Company and there is no permanent owner-occupancy of the units. 6 part-time housekeepers are currently in place. Financial information is available upon completion of the attached non-disclosure agreement. Post closing training is available as needed. An investment for an individual or property management company.
About the Business
- Years in Operation
- 23
- Employees
- 8
- Facilities & Assets
- Owners have the only permanent 2 bedroom (plus manager's 1-bedroom unit) residence in the 2 condominium complexes of 27 units. This also houses the commercial laundry facilities, office and reception area.
Also included: 5 car heated garage/workshop; laundry equipment; towel & bedding stock; 2-stage snow blower; office supplies & furniture; digital phone system; miscellaneous tools; mower; spare parts inventory; 1979 CJ7 with snow plow; other various items and supplies. - Website
- https://riverstoneresorts.com/
- Market Outlook / Competition
- Estes Park, Colorado is a spring-summer-fall mecca for tourism to the Rocky Mountains and its National Park. It is estimated that there are 4.5 million visitors per year with frequent times when there are no vacancies in the lodging properties in the area. There are many summer and fall events that attract local, national and international visitors.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,614
About the Sale
- Seller Motivation
- Owners are are retiring
- Transition Support
- Owners will provide training and guidance based upon the needs of the Buyer. Current Owners have acted as property managers and light-maintenance staff in the past. They have also hired others to manage and maintain vacation units and provided a one-bedroom apartment to hired managers. Currently the Owners are managing the reservations and doing light maintenance.
Listing Info
- ID
- 2399498
- Listing Views
- 1468
Business Location
Listing ID: 2399498 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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