The China Clipper is a profitable bed and breakfast located in Ouray Colorado. Surrounded by majestic peaks in all directions, Ouray is heavily touristed particularly in summer.
Built in the mid 1990's as a bed and breakfast, the China Clipper has been well-designed for its use. Located just a block off of Main Street in the middle of town, guests may walk to shops, galleries and restaurants--all that the town has to offer.
With 13 well proportioned guest rooms (one a two room suite), the original builder has spent the last 13 years creating a stable business. It is very reasonably priced and is considered an investment grade property. Priced at a 13% cap rate, the business should qualify easily for 80% financing.
The two bedroom two bath owner's quarters is situated on the walkout lower level, and offers privacy from the guests.
Truly a mountain getaway, Ouray and surrounding areas offer all year round outdoor activities. In winter, home to world renowned ice climbing festivals, Ouray bustles with activity. Nearby Telluride has some of the best downhill skiing Colorado has to offer.
Area Data Ouray is located in southwestern Colorado on US Highway 500, approximately 80 miles north of Durango and 35 miles south of Montrose. The portion of Highway 550 betwwn Ouray and Silverton, 24 miles to the south, has been named The Million Dollar Highway and is part of the San Juan Skyway, one of the most scenic and specacular mountain drives in North America.
Listing Price: $1,150,000 Turnkey
