[okie01]

I came, oh, so close to buying the Beaumont Hotel in Ouray back in 1968. The asking price at the time was $25K -- a reasonable sum at the time (and probably trimmable).

The bar was open, ten (of 40) rooms were habitable, the kitchen was equipped and 39 of the original bedroom sets were in storage on the property. And, structurally, it was still sound.

At the time, I was working in Cincinnati. But my mom and dad volunteered to move there and run it, pretty much for the privilege of living in Ouray.

Sometime in seventies, somebody sprung for the deal. And, today, the Beaumont is the top luxury hotel in SW Colorado with room rates of $159 to over $300. It's coining money...in one of the most beautiful places in the world.

I shouldda, wouldda, couldda...

[Rebelbase]

Your post reminded me of a friend’s grandfather who had the opportunity to buy a huge chunk of Miami Beach in the 1920’s for a song.

“It was just a worthless coconut plantation” was the reason he didn’t.