Riverside Cottages

    Riverside Cottages Excellent rental opportunity with 8 units ($51,300 gross annual) all currently occupied. Enjoy big river sound and wonderful aromas from one of...
    Status: Active   Price: $475,000   Bldg. Size: 2,172 SF   Cap Rate: 8
    Primary Type: Hotel & Motel   Sub-Type: Economy/Limited Service

    Description

    Excellent rental opportunity with 8 units ($51,300 gross annual) all currently occupied. Enjoy big river sound and wonderful aromas from one of Estes Park's finest and most popular restaurants. 200 yards walk to Moraine Park in the Rocky Mountain National Park. Even bigger development opportunity with Continental Divide views and connecting to the old entrance to RMNP! All this covers 2.65 acres and all is needed is a strategy that could parlay this location into a top tier development!

    Take Hwy. 36 through town and left on Morraine. Follow past Beaver Point and go left just before entrance to RNMP. Follow about 1 mile. Property on right behind Dunraven Restaurant.
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