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The Georgetown Lodge

1600 Argentine St., Georgetown, Colorado 80444

CONTACT BROKER
Price
$3,850,000
Property Type
Hospitality
# of Units
53
Building Size
48,356 SQFT
Lot Size
214,896 SQFT
Year Built
1972

Description

The Georgetown Lodge is a 53-key, independently operated hotel directly off I-70 in Georgetown, Colorado — 45 miles (50 minutes) from Denver and 12 miles from the Eisenhower Tunnel, with visibility to 40,000+ vehicles per day. It sits within an hour of eight major Colorado ski resorts, placing it at the center of some of the best skiing in the world.

Current ownership has invested over $150,000 in capital improvements since 2023 while holding revenue steady at its 10-year historical average of $805,000/year. Operating expenses remain above what a professionally managed comparable would carry — a clear, documentable opportunity for margin improvement under new ownership.

This combination of a recently refreshed asset, resilient demand, and a clear path to normalized operating costs is the core opportunity for a new owner.

Highlights

  • Premier I-70 visibility — directly off the Georgetown exit, 40,000+ vehicles/day
  • Within 30–60 minutes of eight major ski resorts: Loveland, A-Basin, Keystone, Winter Park, Copper Mountain, Breckenridge, Vail, and Beaver Creek
  • $150,000+ in capital improvements since 2023 — exterior repaint/stain, new signage, new carpet in 17 rooms, refreshed hot tub facility, repainted interiors, new 50” smart TVs
  • Stable 10-year revenue history, averaging $805,000/year (high of $1.03M)
  • Full amenity package: ski storage, guest laundry, highspeed internet, complimentary breakfast, on-site hot tubs
  • ~2,200 SF of untapped space (former restaurant, 2nd floor of Building 1) for additional revenue or amenity conversion
  • Newly renovated 1Bd/1Ba apartment with in-unit laundry and full kitchen with dishwasher
  • Diverse room mix — double-queen, king, and suites — serving a broad range of leisure travelers

Brokers

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Dan Hawthorne

. Senior Advisor
(406) 531-4246.

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