Nestled in the heart of Glenwood Springs, this rare multi-use property offers an outstanding opportunityfor investors seeking steady cash flow and long-term upside. The Glenwood Springs Hostel has a provenrental track record, serving both short-term visitors and long-term tenants with its versatile layout andincome diversity. The property spans two well-maintained buildings: a charming historic front housededicated to nightly rentals, and a more modern rear building featuring a one-bedroom apartment andadditional short-term rental units. With dual zoning flexibility, multiple income streams, and unbeatableproximity to the region's top attractions, this asset is primed for continued success. Whether you are anowner-operator or a passive investor, 1021 Grand Avenue delivers both immediate returns and futuregrowth potential.Two Buildings. Multiple Income Streams. Timeless Demand. 1021 Grand Avenue is composed of two purpose-built residences: a character-rich 191 O front home offering monthly lodging and a 1994 rear building featuring a long-term apartment over monthly room rentals. Designed to meet demand from both tourists and workforce renters, this well-diversified asset produces consistent monthly income from 22 beds, a separate apartment, and laundry facilities - with all units currently occupied. Contact us today for details or a private tour!
Year | Tax amount | |
---|---|---|
2024 | USD $4699.52 | THB ฿153,815* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.
Email enquiry to Compass Aspen
Property ID: 110100838387
Original Property ID: 3yd-AGSMLS-189162