5380 N Lariat Dr - Residential Income FOR SALE


Castle Rock, CO 80108
$1,575,000 USD
720-717-6600
5380 N Lariat Dr, Castle Rock, CO for Sale
$1,575,000 USD
Residential Income - FOR SALE
1/47
null | Request Cap Rate

5380 N Lariat Dr
Castle Rock, CO 80108


HIGHLIGHTS

  • Nestled on 2 Acres in the Forest of Castle Pines, Mins to Shopping Malls, Golf Courses, Hospitals
  • Million Dollar Views, Park up to 50 Cars, Trucks, Campers, Boats on Property
  • Rental Income Property (Long Term, AirBnb, Assisted Living)
  • Fire Sprinkler, Radiant Heat, Wheelchair Accessible
  • 3% Buyer Realtor Commission or 2% Cash Back if Investor w/no Realtor

OVERVIEW

The "CASTLE in the PINES" Estate : Active Douglas County Short-Term Rental License (STR - AirBnb). Super-Host Status. Currently filled $20,000/mo revenue Aribnb Can help you fillup with Long-Term residents. Looking for Partner to take to the next level and increase value over $2 million (ALR) Property Uses : - Owner Occupy Residence w/Mother-in-Law Apt, 4 Offices. - Long-Term Rental (LTR) $ 10 -12K/mo - Short-Term (AIRBNB) $ 20-25K/mo - Assisted Living (ALR) $100K+/mo , have proforma. $1,575,000 7-11 BR/9 BA House on almost 2 Acre property in Castle Pines Forest $ 120,000 Turn-Key w/Business for LTR/ STR includes furnishings, applicances, device and advanced bookings, Airbnb Super-Host Listings Have Airbnb Cleaners and Landscapers. All new Air conditioner. $ 32,500 TESLA Model Y, AWD, Red, AWD, 7-Passenger (increases nightly revenue) Highlights : - Total rebuild in 2011, Additions in 2018/2024 - luxurious 3-Level Castle in the forest of Castle Pines - Levels 1 & 2 are Accessible. Level 3 can be made Acessible. - can be subdivided into 2-4 separate units each with own entrance - 7 to 11 Bedrooms (120sf-240sf) - 9 Bathrooms (3/4 or Full). Accessible Bathrooms on Level 1 & 2 - 4-Car Garage w/1,000sf Roof Deck, Elevator Chute - Full Fire Sprinkler System - Fire Alarm System, Digital Home - Opt Turn-Key package

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CASTLE in the PINES

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

ER

APN/PARCEL ID

2351-150-04-028

ASK ABOUT THIS PROPERTY

Ray MooreCASTLE in the PINESMore Info
720-717-6600

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Ray MooreCASTLE in the PINESMore Info
720-717-6600

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