29151 US HWY 287

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29151 US HWY 287

Lamar, CO 81052
Asking Price
Contact for price
Asset Type
RV Park Multifamily
Class
Class B

What's Special

22 Units <ul><li>​22 RV Spots (potential to add 12 more - permitted and ready to go)<ul><li>​9 cabins each w/ a private bath:</li><li>​1 2br</li><li>​3 1br</li><li>​1 motel room (2 beds)</li></ul></li><li>​Remote cabin with loft</li><li>​3 Studios</li><li>​On-site clubhouse</li><li>​Outdoor event center is equipped with a large covered area with picnic tables and a fire pit as well as 2 new gas grills for outdoor cooking.</li><li>​Coin-operated laundromat</li><li>​Property manager on-site</li><li>​Commun

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times