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102 Co Rd 156
Glenwood Springs, CO 81601
Asking Price
$2.50M
Asset Type
Residential Land
Class
Class B
What's Special
Land | 5.42 acres <ul><li>Subdivision-ready for up to ~30 units</li><li>Premier 5+ acre riverfront property in land-constrained market</li><li>Extensive river frontage with expansive mountain and valley views</li><li>Exceptional privacy yet minutes from downtown, bike path, and elementary school</li><li>Flexibility: Ten lots meet current zoning minimum or maximize full ~30-unit potential</li><li>Easily buildable topography with valuable water rights included</li><li>City water and sewer already connected -
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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631