Local investors pay $1.35 million for Nederland hotel
NEDERLAND – A pair of local investors paid $1.35 million this week for the former Best Western Lodge at Nederland, which had recently been rebranded as the Magnuson Hotel Nederland.
Don Altman, of Altman Consulting and a cofounder of AGR Building Inc. in Boulder, said he and a friend purchased the 24-room lodge at 55 Lakeview Drive under the entity Nederland Investment Group LLC.
They purchased the 16,430-square-foot hotel from the estate of the late Vance Boeve, whose family had also been longtime owner of the former Golden Buff Lodge in Boulder that is being redeveloped.
Altman said he and his partner will…
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