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17455 Hwy 491
Cortez, CO 81321
Asking Price
$639K
Asset Type
Mixed-use
Class
Class B
What's Special
Very nice 10 acre parcel with a 2300+ SF Manufactured Home and a 1920 SF Coffee Shop <p>The manufactured home is in great condition. The 1920 stick built building was last used as a coffee shop. Has had other businesses in the past. There is interest from local farmers to open a farm to table operation to sell fruits and vegetables etc direct to consumers.</p>
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NOI
$80,000
Cap Rate
12.52%
DSCR
2.11
Strong
Cash-on-Cash
21.94%
Monthly Payment
$3,161.423
Annual Cash Flow
$42,062.92