325 Vine - Apartments FOR SALE


Grand Lake, CO 80447
$1,500,000 USD
303-913-3802
325 Vine, Grand Lake, CO for Sale
$1,500,000 USD
Apartments - FOR SALE
1/75
null | Request Cap Rate

325 Vine
Grand Lake, CO 80447


OVERVIEW

Once in a lifetime opportunity to own a lucrative income property in Historic Grand Lake, Colorado! Arrowhead Cabins in Grand Lake Village is surrounded by Rocky Mountain National Park, Arapaho National Forest, and three of Colorado's largest and most picturesque lakes. Adjacent to Grand Lake's famous boardwalk and just a few minutes' walk to the shore of Grand Lake, this legacy property is the investment you've been waiting for. A spacious, rustic main house (4 bedrooms), three charming cabins (5 bedrooms total), and five studios are thoughtfully arranged around a tranquil courtyard, with multiple private decks, dedicated parking, and all set on a beautiful half-acre corner lot. Footsteps to shops, restaurants, coffee houses, ice cream shops, boutiques and galleries on the famous Grand Lake Boardwalk. Grand Lake Village hosts year-round events and activities that draw millions of visitors annually. Winter brings the excitement of the Winter Carnival, Ski-joring Weekend, snowmobiling, skiing, snowshoeing, festive Christmas events, and New Year’s celebrations with fireworks. In the warmer months, visitors enjoy our great outdoors with hiking, boating, fishing, biking, golfing, and celebrating the 4th of July with parades and fireworks. Fall brings scenic drives, golden aspens, crisp mountain air, the call of bugling elk, and peak hunting season. ARROWHEAD CABINS is currently offered as long-term rentals to accommodate the high demand for housing in this popular resort community. Formerly a beloved Bed & Breakfast, today a lucrative, stable source of income. The future is yours! Consider the options on this rare offering of real estate that is ZONED RESIDENTIAL, COMMERCIAL / TRANSITIONAL. May be developed as a multi-family or a business! Development opportunities are rare in Grand Lake!!!! BE SURE TO SEE THE FLOOR PLANS AND VIRTUAL TOURS! Call Rebecca for further information!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$291 USD /SF

# OF UNITS

9

PRICE/UNIT

$166,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arrowhead Cabins

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,994 SF

ZONING

Res/Comrcl/Transitional

APN/PARCEL ID

R302177

ASK ABOUT THIS PROPERTY

Rebecca FineColdwell Banker Commercial RealtyMore Info
303-913-3802

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Rebecca FineColdwell Banker Commercial RealtyMore Info
303-913-3802

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.