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22719182
22719180

1607-1609 W Highway 34, Drake, CO 80515

SC
CO 025105
Keller Williams Realty DTC Llc
Listed by Keller Williams Realty DTC Llc
$3,900,000
429 days on market
Updated 43 days ago

Drake Campground

Details
APN 10503200038
Property Type Hospitality, Land (+1)
Sub Type Commercial
Keys 5
Pro-Forma NOI $720,225
Year Built 1906
Year Renovated 2013-2015
Buildings 5
Acreage 35.910
Zoning 0
Investment Type Value Add

This is a true piece of History

Marketing description

DRASTIC PRICE DROP! SELLERS SAY SELL!

I have done a proforma of what I believe the property can produce. I based these on the surrounding RV/Campground spaces, like KOA in Estes Park and Yogi Bear's Jellystone Park on Highway 36 just outside of Estes Park.

The retail is based on a store I have at Meeker Park Lodge in Allenspark, which is open only from May to September. The retail at this park should be open year round. Suggestions: The commercial space that I would put in a retail/coffee/fishing rentals etc.

The owners of 1607-1609 W. Highway 34 have owned it for over 40 years and the grounds are beautiful and the houses/cabins are in great condition. Pride of Ownership shows on this property. The county may let you add more RV/Campsites to the property. Also, it may be possible get a bridge across the river, which was there before the flood. They have not used it to it's potential.

This needs to be a destination place and with a bit of attention can be a very profitable and a great destination point.

This would be a perfect Wedding Venue.

Investment highlights

Listing Contacts

SC
CO 025105
Keller Williams Realty DTC Llc
Listed by Keller Williams Realty DTC Llc

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Additional Information

Name
Sandy Colohan
License
025105
Brokerage
Keller Williams Realty DTC
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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