18645 County Road 501

18645 County Road 501 Vallecito, Colorado 81122 United States

Seller Financing, Lodge and Cabins for sale. Previously an Orvis Endorsed fly fishing lodge and operated for many years as a portion of the Wits End Guest Ranch resort and spa, this is an amazing opportunity for someone who is looking for a nice rental portfolio with various options to purchase. Ideally, the entire Cabin and Lodge will sell together which will be a total of 15 rentable units. The rental cabin mixes between 1,2,3 bedrooms with fireplaces, full kitchens, covered decks, and some have 1 or 2 baths. The main lodge is a 6 bed /6 bathroom cabin and +/- 3,000 sq ft. The list price for all the cabins has a gross cap rate based on $2,595,000.00 of 9.54% . SELLER financing is available to qualified buyers. With water flowing through the property, a pond, and close access to Vallecito lake this would also make a fabulous investment opportunity for someone who wants to love where they work! This is a simple business operation and some cabins are already rented until May. Inquire with agent for the full proforma. There are 2 additional 2 bedroom cabins available for purchase for an additional $600k and they will need conventional financing.

Listing Courtesy of Blackmore Group, CREN MLS