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Description

Fully renovated and move-in ready, this ski condo in the heart of Steamboat Springs offers an exceptional turnkey investment opportunity in the highly desirable Green Zone, allowing unlimited short-term rentals. Ideally located across from Howelsen Hill and just minutes from Steamboat Mountain, the property provides easy access to skiing, dining, entertainment, and year-round outdoor activities. The condo has been extensively upgraded with modern flooring, quartz countertops, custom birch cabinetry, new appliances, a remodeled bathroom, and premium finishes throughout. Additional features include a fireplace, under-cabinet lighting, USB outlets, dedicated parking, and low ownership costs with HOA-covered utilities and insurance. With projected short-term rental income of $65,000–$89,000 annually and an estimated 7–8% cap rate, this rare downtown property combines strong income potential with an unbeatable location in one of Colorado’s most popular resort destinations.

Listing Details

  • Cap Rate

    12.9%

  • Space Type

    hospitality

  • Sub Category

    hotel

  • Date Listed

    5/11/2026

  • Broker/Agent Co-op

    Yes

  • Investment Type

    Owner User

  • Net Operating Income

    $120,000

  • Parking Info

    1 per unit

Property Specifics

  • Property Name

    730 Yampa St A2 | Residences of Old Town

  • No of Stories

    3

  • Year Built

    2003

  • Building Size

    742 SF

  • Year Renovated

    2025

  • APN

    243801002

  • Zoning

    RES