856 E Main Street

Description

Do you dream of living in a small tourist town and owning a lodge? The Moosehead Lodge is a thriving small business in Rangely, Colorado. Rangely is a cute, quirky and friendly small town on a state highway that has good traffic from several directions. Rangely has a lot to offer. Hiking and offroading in Dinosaur National Monument, fishing in the White River, boating in the Kenney Reservoir, and great gaming units for hunting. Active oil fields in the region also add to the local economy. In town, there is a municipal airport, golf course, district hospital and regional community college to help keep your occupancy rates up. The owners residence is nicely appointed for an owner that wants to live on the property and operate the lodge. Many areas of the property have been refreshed and upgraded recently as the current owner has worked to stabilize the business after purchasing from the prior owners in 2021. The Moosehead Lodge is a package of properties totaling 1.9 acres. There are 16 bookable rooms consisting of 7 cabins built in 2006 and 9 rooms in the main lodge building built in 1944. The separate owner's residence has 3 bedrooms, 3 bathrooms. All of the buildings combined have a total of 11,504 sqft of space. 15.5% Cap Rate.