Copper Mountain's Element 29 Hotel Sold
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.
"This is truly a unique offering, as it is the only hotel in the Copper Mountain submarket." -Mike Elliott | CEO of ERES Companies
“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.