For Sale: Glenwood Canyon RV Resort in Colorado
On-Site RV, Glamping, Cabins, Suites, Event Center, and Bar & Gril
Glenwood Canyon Resort is nestled in the heart of the Colorado Rockies less than an hour from Aspen, one hour from Vail, and a couple hours from Denver. The resort is highly visible to the steady stream of locals and tourists passing by on I-70. Glenwood Canyon Resort provides guests of all ages an opportunity to soak up the beautiful Colorado outdoors via a variety of accommodation offerings including Cabins, Cottages, Glamping, RV sites, and Tent Sites. With the river nearby, guests can spend their days fishing, rafting, kayaking, or just relaxing and enjoying the beautiful Rocky Mountains. There is also a zipline and aerial course on-site. Friends and family can book and celebrate weddings and other special events at the resort’s Canyon Club Event Center and the No Name Bar & Grill.
This is an ideal purchase for a seasoned outdoor resort operator looking to capitalize on an established and thriving business in the heart of Colorado, or for a current real estate investor looking to expand their footprint with a profitable operation in this picturesque Rocky Mountain playground. A proven tourist destination for decades, this resort property is well positioned to continue delivering strong financial results for the long-term.
Priced at a 7% Cap Rate, this property is delivering strong financial performance with an annualized occupancy of around 30%. Significant upside remains available for a new buyer to boost occupancy throughout the year and realize strong returns on their investment.