390 Elm Rd - Specialty FOR SALE


Estes Park, CO 80517
$3,200,000 USD
390 Elm Rd, Estes Park, CO for Sale
$3,200,000 USD
Specialty - FOR SALE
1/36
null | 5.58% Cap Rate

390 Elm Rd
Estes Park, CO 80517


HIGHLIGHTS

  • Flexible Zoning Allows for Multiple Opportunities
  • Excellent Location
  • Existing Rental Units with Storage

OVERVIEW

Set against the backdrop of Estes Park's mountains, 390 Elm Road offers a rare investment opportunity in the heart of town. Spanning 12 acres, this unique property features seven individual units, providing both income potential and the flexibility. The units include homes, apartments, duplexes, cabins, garages, storage, and commercial buildings. Currently, all leases are month-to-month, giving new owners maximum flexibility for future use. The buildings were freshly painted last summer, with several already remodeled. Whether you keep it as is or transform it into Estes Park's newest accommodations or attraction, this property is positioned as the perfect investment location. Owner's Financing Available.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$295 USD /SF

CAP RATE

5.58%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dermody Elm Road Property

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.73 AC

LAND SF

554,519 SF

ZONING

CO

APN/PARCEL ID

35262-00-025

ASK ABOUT THIS PROPERTY

Gerald MayoEstes Park Team RealtyMore Info

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Gerald MayoEstes Park Team RealtyMore Info

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