ERES Facilitates Sale of Element 29 Hotel in Copper Mountain, CO

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The 127-room property is the first hotel in Copper Mountain, one of Colorado's premier year-round destinations.

Copper Mountain Hotel

"This is truly a unique offering, as it is the only hotel in the Copper Mountain submarket." -Mike Elliott | CEO of ERES Companies

ERES Companies (ERES) announced the successfully completed sale of Element 29 Hotel in Copper Mountain, CO. Built in 2021, the Element 29 Hotel offers 127 well-appointed rooms and is the first hotel developed at the base of Copper Mountain.

“This is truly a unique offering, as it is the only hotel in the Copper Mountain submarket. Copper is a world-class ski mountain that continues its transition into an amazing year-round resort. Not many opportunities like this left on the I-70 corridor,” commented Mike Elliott of ERES Companies.

The amenity-rich, 4-story property features a state-of-the-art fitness center, large outdoor hot tubs, fire pits, a large bar with ample seating (Bar 29), and more. It is ideally situated within close proximity to 32 dining options, 140 ski runs, 23 lifts, and over 3,000 acres that draw adventure seekers and families all year long.

“ERES has a long history working in resort markets, including Colorado. We are thrilled with the outcome of this transaction in which we represented the seller,” noted Elliott.

For information on ERES brokerage capabilities, please visit erescompanies.com/brokerage.

ABOUT ERES COMPANIES
ERES Companies delivers full scale real estate solutions to organizations and investors across the globe, with particular emphasis on emerging, secondary, and tertiary markets. Our expertise is multifaceted, providing clients with invaluable insights across a variety of disciplines including brokerage, investment and development, project management, construction, property management, and workforce housing. With ten offices in North and South America, including our newest offices in Sarasota, FL and Bozeman, MT, ERES is growing and adapting to the ever-changing needs of our clients, partners and their communities. For more information, visit http://www.erescompanies.com.

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Jillian Arena