24871 Highway 50 Unit

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Sold Texas Creek, CO 81223 MLS# 3843973 Sold by Hayden Mellsop on 03/05/2021
$1,250,000
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Commercial Property Type
31.00 Acres
6708.00 Sq Ft
1965 Year Built
Commercial Zoning

Overview

Unique opportunity to own and expand an existing business on the banks of the Gold Medal waters of the Arkansas River, midway between Canon City and Salida, Colorado. 31 acres with a half mile +/- of both sides of Arkansas River. West side of property borders BLM. Property includes 4 motel rooms, 6 cabins, 2300+/- sq ft manager's residence, 17 RV sites with full hook ups and 30+ individual tent/camp sites. Direct, year round access and high visibility from US Hwy 50. Owners have only ever operated the business seasonally, but opportunity exists to expand into year round operation. The local "Banana Belt" climate is home to year round fly fishing, hiking and biking, and seasonal skiing, whitewater rafting, kayaking and hunting.

New Home Sales Hours

Courtesy Of Pinon Real Estate Group LLC
Source: REcolorado (ROCC)

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,Insurance,Taxes,Telephone,Trash Collection,Water
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective 2005
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 6,708
    • Living Area, Finished
    • Above grade, Finished
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $186.34
    • PSF Finished $
    • PSF Above Grade $
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions Seller's and tenant's personal property
    • Flooring
    • Furnished
    • Interior Features
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

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

    Unit Information

    Summary

    • Number of Units 27
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details
    • Unit Type
    • Total Units 27
    • Average Rent
    • Average SqFt
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories
    • Structure Type Free Standing
    • Unit Floor #
    • View Lake,Mountain(s)
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Frame,Log,Stucco,Wood Siding
    • Foundation Details
    • Roof Architectural Shingles,Metal
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Borders Public Land,Subdividable
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 31.00
    • Lot Size Dimensions
    • Lot Size SqFt 1,350,359
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $40,322.58
    • Vegetation
    • Waterfront Features Waterfront
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    • Type Lodging
    • SqFt
    • SqFt Finished
    • Number of Stories
    • Year Built
    • Number of Stalls
    • Number of Doors
    • Door Dimensions
    • Length
    • Width
    • Floor
    • Features
    • Description
    Road details
    • Access
    • Road Responsibility
    • Road Surface Paved

    Parking/Garage

    Parking Space Summary

    Parking Features

    • Total Parking Spaces 40
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 40
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
    • Heating
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service 220 Volts
    • 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
    • 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 $
    • Operating Expense Includes
    • 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 $
    • Gross Income $
    • Income Includes Rent Only
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $
    • Projected Annual Expense $
    • Projected Annual Net Income $
    • Projected Gross Income $
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $2,193
    • Legal Description SWEETWATER RIVER RANCH CONDOMINIUM COMMUNITY MOTEL UNIT DESC AS FOLLS: AN AREA OF LD IN SEC 23-48-12 E DESC AS FOLLS; COMM AT THE SW COR OF SD SEC 23 DESC AS BEING MONUMENTED WITH A USGLO BRASS CAP; TH ON AN ASSUMED BEARING OF N 00 DEG 01'38"E ON THE W LN OF THE SW4 OF SD SEC 23 FOR A DIST OF 2641.23 FT TO THE NW COR THEREOF DESC AS BEING MONUM ENTED WITH A USGLO BRASS CAP; TH S 72 DEG 28'38"E FO R A DIST OF 585.62 FT TO THE TRUE POB OF THE HEREIN DESC ARE OF LD; TH ON THE FOLL 8 COURSES: 1) N 56 DEG 37'07"W A DIST OF 49.41 FT 2) N 33 DEG 12'04"E A DIST OF 54.65 FT 3) N 47 DEG 25'44"E A DIST OF 86.44 FT 4) N 79 DEG 38'25"E A DIST OF 28.37 FT 5) S 22 DEG 59'42"E A DIST OF 62.46 FT TO INTERSECT THE WLY R/W LN OF US HWY 50 THE NEXT COURSE SHALL BE ON SD R/W LN 6) ON A CURVE TURNING TO TH E RGT WITH AN ARC LENGTH OF 89.26 FT WITH A RADIUS OF 2816.97 FT WITH A DELTA ANGLE OF 01 DEG 48'56" WITH A CHORD LENGTH OF 89.25 FT WITH A CHORD BEARING OF S 3 3 DEG 32'13"W 7) N 59 DEG 43'42"W A DIST OF 45.38 FT 8) S 31 DEG 06
    • Tax Exemptions
    • Tax ID 99911041
    • Tax Year 2019
    Other
    • Tenant Pays
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name Sweetwater River Ranch
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision Texas Creek
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent From Salida, east on Hwy 50 approx 30 miles to property address and sign. From Canon City, west on Hwy 50 approx 30 miles to property address and sign.
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use Recreational
    • Incorporated? No
    • Zoning Commercial
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription Motel/campground/RV Park
    • BusinessType Campground/RV
    • Year Established
    History
    • Original List Price $1,250,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership Individual
    • Possession Closing/DOD
    • Special Listing Conditions None Known
    • Year Built 1965

    Mortgage Calculator

    School Zone

    District:
    Schools: Elementary School, High School, 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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