58415 US Highway 285 Unit

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Active Bailey, CO 80421 MLS# 4146003 Listed by Kirby C Smith on 06/07/2019
$1,500,000
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Commercial Property Type
23.40 Acres
9891.00 Sq Ft
1960 Year Built
Mixed Use Zoning

Overview

Welcome to Riverbend! This Income Property abounds with potential. Great frontage location with 1200 feet of 285 frontage. 23 acres of accessible mountain property conveniently located in Bailey. Beautifully remodeled Owner/Caretaker house plus 6 cabins, 4 mobile homes and additional RV spots for extra income opportunity. All cabins and mobile homes are currently rented with the exception of one. The main house has been spectacularly updated as well as some of the cabins. There is even an additional buildable home site secluded from the rest of the property with stunning views. 3 wells on the property. Well maintained roads for your tenants, all year long. 2 RV spaces that are rented for $650 and $600/month. Property Borders National Forest land and has direct access to 285. Put your personal stamp on this amazing property and create your own dream opportunity or enjoy passive income. Financial records provided upon request. The upside is endless!

New Home Sales Hours

Courtesy Of MB CHERRY TREE PROPERTIES INC.
Source: REcolorado

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays Electricity,Gas,Trash Collection
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective 2019
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features Wood Burning,Wood Burning Stove
    • No. of Fireplaces
    Square Foot Details
    • SqFt 9,891
    • Living Area, Finished 9,891
    • Above grade, Finished 9,891
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $151.65
    • PSF Finished $151.65
    • PSF Above Grade $151.65
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Gas Water Heater,Oven,Refrigerator
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions Owner and Tenants' personal property.
    • Flooring Carpet,Laminate,Linoleum,Tile,Vinyl,Wood
    • Furnished
    • Interior Features Ceiling Fan(s)
    • Laundry Availability In Unit
    • Security Features Smoke Detector(s)
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 13
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 21
    More Room Details

    Unit Information

    Summary

    • Number of Units 11
    • Number of Units Furnished
    • Number of Units Vacant 1
    • Unit Features
    Single Unit Details
    • Unit Type 3 Bedroom
    • Total Units 1
    • Average Rent 2500.00
    • Average SqFt 3018.00
    • Dishwashers 1
    • Washers 1
    • Dryers 1
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces 1
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 2
    • Parking Per Unit 1
    • Unit Type 3 Bedroom
    • Total Units 1
    • Average Rent 1200.00
    • Average SqFt 1200.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 2
    • Parking Per Unit
    • Unit Type Studio
    • Total Units 1
    • Average Rent 800.00
    • Average SqFt 191.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 1
    • Parking Per Unit
    • Unit Type 1 Bedroom
    • Total Units 1
    • Average Rent 500.00
    • Average SqFt 625.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 1
    • Parking Per Unit
    • Unit Type Studio
    • Total Units 1
    • Average Rent 650.00
    • Average SqFt 225.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 1
    • Parking Per Unit
    • Unit Type 2 Bedroom
    • Total Units 1
    • Average Rent 1000.00
    • Average SqFt 599.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 1
    • Parking Per Unit
    • Unit Type 2 Bedroom
    • Total Units 1
    • Average Rent 500.00
    • Average SqFt 428.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 1
    • Parking Per Unit
    • Unit Type 3 Bedroom
    • Total Units 1
    • Average Rent 1300.00
    • Average SqFt 1869.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 2
    • Parking Per Unit
    • Unit Type 2 Bedroom
    • Total Units 1
    • Average Rent 1000.00
    • Average SqFt 720.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 1
    • Parking Per Unit
    • Unit Type 2 Bedroom
    • Total Units 1
    • Average Rent 1000.00
    • Average SqFt 552.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 1
    • Parking Per Unit

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories
    • Structure Type
    • Unit Floor #
    • View Lake
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Frame,Log,Wood Siding
    • Foundation Details
    • Roof Composition
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features Dog Run
    • Fencing Full
    • Number of Docks
    • Number of Doors
    • Number of Storage Units 1
    • Other Equipment
    • Other Structures Shed(s)
    • Patio And Porch Features Deck,Front Porch
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 23.40
    • Lot Size Dimensions
    • Lot Size SqFt 1,019,304
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $64,102.56
    • Vegetation
    • Waterfront Features Lake
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    • Type Shed(s)
    • SqFt
    • SqFt Finished
    • Number of Stories
    • Year Built
    • Number of Stalls
    • Number of Doors
    • Door Dimensions
    • Length
    • Width
    • Floor
    • Features
    • Description Utility Shed
    Road details
    • Access
    • Road Responsibility
    • Road Surface Paved

    Parking/Garage

    Parking Space Summary

    Parking Features

    • Total Parking Spaces 1
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 0
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
    • Heating Forced Air,Propane,Wall Furnace
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Septic Tank
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available 1
    • Water Source Well
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed Long Term,Short Term Lease
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 0.00
    • Cap Rate Calculation
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $59,990
    • Operating Expense Includes Real Estate Tax
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Income details
    • Actual Annual Net Income $31,530
    • Gross Income $91,520
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $141,600
    • Projected Annual Expense $59,990
    • Projected Annual Net Income $81,610
    • Projected Gross Income $141,600
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $4,790
    • Legal Description T07 R73 S26 NE4 LAZY OURS TRACT IN NE4 NLY OF HWY 285 26-7-73
    • Tax Exemptions
    • Tax ID 18534
    • Tax Year 2018
    Other
    • Tenant Pays Electricity,Gas
    • Utilities Metering Common Electric,Separate Electric,Separate Gas
    • Utilities Paid By Tenant Direct Billing from Utility

    Neighborhood

    Summary

    • Building Name Riverbend
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision Bailey
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent Heading West on US Highway 285 to Bailey, go past the Coney Island Hot Dog Stand. Property will be on the right hand side.
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use Agricultural,Commercial,Live-Work/Mixed-Use/Flex,Residential
    • Incorporated? No
    • Zoning Mixed Use
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType Bed & Breakfast,Campground/RV,Mixed,Mobile/Trailer Park,Storage
    • Year Established
    History
    • Original List Price $1,500,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership Corporation/Trust
    • Possession Closing/DOD
    • Special Listing Conditions None Known
    • Year Built 1960

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    School Zone

    District: Platte Canyon RE-1
    Schools: Deer Creek Elementary School, Platte Canyon High School, Fitzsimmons Middle School

    Area Map

    Walk Score

    Bike Score

    Bike Score

    0 description
    Transit Score

    Transit Score

    0 description summary
    Walk Score

    Walk Score

    0 description
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