58415 Us Highway 285, Bailey, CO 80421

$1,500,000
21
BD
13
BA
9,891
SqFt
List Price
$1,500,000
Type
Multifamily
Status
ACTIVE
MLS Number
4146003
Total # of Units
11
Total Sqft
9,891
Finished Sqft
9891
Sub-Area
Bailey
Year Built
1960

Property Description

Welcome to Riverbend! This Income Property abounds with potential. Great frontage location with 1200 feet of 285 frontage. 23 acres of accessible mountain property conveniently located in Bailey. Beautifully remodeled Owner/Caretaker house plus 6 cabins, 4 mobile homes and additional RV spots for extra income opportunity. All cabins and mobile homes are currently rented with the exception of one. The main house has been spectacularly updated as well as some of the cabins. There is even an additional buildable home site secluded from the rest of the property with stunning views. 3 wells on the property. Well maintained roads for your tenants, all year long. 2 RV spaces that are rented for $650 and $600/month. Property Borders National Forest land and has direct access to 285. Put your personal stamp on this amazing property and create your own dream opportunity or enjoy passive income. Financial records provided upon request. The upside is endless!

Additional Information

Proj. Ann. Income
141600
Act. Ann. Income
91520
Act. Ann. Expense
59990
Proj. Ann. Expense
59990
School District
Platte Canyon Re-1
Elementary School
Deer Creek
Middle School
Fitzsimmons
High School
Platte Canyon
Garage Spaces
1
Community Parking
Garage (Attached): 1
Parking Type
Garage (Attached)
Parking Spaces
1
Community Parking
Garage (Attached): 1
Parking Type
Garage (Attached)
Style
Ranch/1 Story
Basement Size
None
Zoned
Mixed Use
Lot Size
1,019,304
Acres
23.4
Roofing Material
Composition Shingles
Contstruction
Log, Wood Siding
Taxes
$4,790
Tax Year
2018
Site Features
Borders National Forest, Borders Public Land
View
River/Lake View
Financial Terms
Cash, Conventional, Owner Will Carry

Courtesy of MB CHERRY TREE PROPERTIES INC.

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