118 6th Avenue

Ouray, CO 81427
Square Ft.
4,986
$2,950,000
Black Bear Manor is a premier turnkey bed & breakfast located at 118 6th Street in the heart of Ouray. Offered at $2,950,000 with an 8.7% CAP rate, this beautifully maintained and extensively upgraded inn features ten well-appointed guest rooms, each with a private bathroom, and nine offering both interiorRead MoreRead Less
Market LogoCourtesy of Century 21 Elevated Real Estate [email protected]
Listing Snapshot
Days Online
9
Last Updated
Property Type
Special Purpose
Square Ft.
4,986
Lot Size
0.15 Acres
Year Built
1979
MLS Number
9552270
Property Location Map
Additional Details
Building
Stories: 3, Architectural Style: "Chalet", Building Class: Class A, Construction Materials: "Frame", "Wood Siding", Effective Year Built: 2005, Features: "Fixtures/Equipment Included", Occupant Type: Vacant, Structure Type: "Low Rise (1-3)", Total Area: 4986, Unit Count: 2, Unit Types: "Array", "Array", Built in 1979, 12 total units
Property Access
Road Frontage Type: "Private Road", Road Responsibility: "Public Maintained Road", Road Surface Type: "Gravel"
Disclosures
Exclusions: None.
Expenses
Operating Expense: $139,563, Projected Annual Expense: $127,198
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 258593.00, Gross Income: $411,941, Projected Annual Net Income: $311,979, Projected Gross Income: $439,178
Lot
Acres: 0.15, Area: 6665, Features: "Cul-De-Sac", Parcel Number: R000887, Square Feet: 6665
Energy Saving
Green Verification Count: 0
Parking
Parking Total: 12, Carport Spaces: 0, Offstreet Spaces: 12, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1, Features: "Gravel"
Property
Current Use: "Commercial", Property Sub Type: Special Purpose, Zoning: R2
Roof
Roof: "Composition"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 18859, Legal Description: LOT 4, MUNN PARK SUBDIVISION, ACCORDING TO THE PLAT RECORDED NOVEMBER 5, 1975 UNDER RECEPTION NO. 121493, TOGETHER WITH AN UNDIVIDED 1/4 INTEREST IN AND TO THE PRIVATE ROAD RUNNING BETWEEN AND USED FOR ACCESS BY LOTS 1,2,3, AND 4, SUCH 1/4 INTEREST BEING PART OF AND APPURTENANT TO SAID LOT 4, AND NOT DIVISIBLE FROM LOT 4 OR TO BE SOLD SEPARATELY, CITY OF OURAY, COUNTY OF OURAY, STATE OF COLORADO, Tax Year: 2024
Tenant Pays
Tenant Count: 0
Utilities
Power Production Count: 0, Utilities: "Cable Available", "Electricity Connected", "Internet Access (Wired)", "Natural Gas Connected", "Phone Connected", "Sewer Connected", Water Included, Water Source: "Public"
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