TITLE:
Limon High Plains RV Resort
CONTROL:
Exclusive
VALUE:
$2,500,000
LOAN:
$2,212,000
EQUITY:
$288,000
TYPE:
Resort Property
HAVE:
A RV resort with 60 spaces, a 3/2 house Air BnB, Two Tiny Homes, Four rustic cabins, Recreation room. commercial kitchen, apartment, large shop, store, two car garage, Airstream.
WEBSITE URL:
ADDRESS:
575 Colorado Ave, Limon, Colorado
BENEFITS TO NEW OWNER:
This RV park has been rebranded and is in good condition.
GROSS SCHEDULED INCOME:
$494,770 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$494,770
EXPENSES:
$280,487
NOI:
$214,283
DEBT SERVICE:
$0
CASH FLOW:
$214,283
CAP RATE:
8.57%
BENEFITS SOUGHT:
Cash out, move up, move out, JV, Move closer to the mountains.
CAN ADD:
Tiny Home Village
REMARKS:
This client is an experienced exchangor, bring all offers.
COUNSELOR:
Dave Sanchez
Sanchez Investment Realty LLC
15100 Almstead St.
Hudson, Colorado, 80642
