5380 N Lariat Dr - Residential Income FOR SALE


Castle Rock, CO 80108
$1,575,000 USD
5380 N Lariat Dr, Castle Rock, CO for Sale
$1,575,000 USD
Residential Income - FOR SALE
1/18
null | Request Cap Rate

5380 N Lariat Dr
Castle Rock, CO 80108


HIGHLIGHTS

  • On ~ 2 Acres in coveted Castle Pines Forest area
  • 5 mins to Golf Courses, Shopping or Hospital
  • Million Dollar Views of Forest and Mountains
  • Park 30+ Cars, Campers, RV's
  • Rental Income - Long Term, Short Term (already licensed) or Assisted Living Residence
  • Fire Sprinkler & Alarms Systems, Radiant Heat, ACCESSIBLE by Wheelchair

OVERVIEW

The "CASTLE in the PINES" Estate : Active Douglas County Short-Term Rental License. AirBnb Super-Host Status. Currently have some Long Term Tenants. Property Uses : - Owner Occupy Residence w/Mother-in-Law Apt, 4 Offices. - Long-Term Rental (LTR) $ 10 - 12K/mo - Short-Term Rental (STR) $ 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, Repeat Customer List Have Airbnb Cleaners and Landscapers. All new Air conditioners. $ 32,500 TESLA Model Y, AWD, Red, AWD, 7-Passenger (rent to Airbnb Guests - increases nightly revenue) Highlights : - Total rebuild in 2011, Additions in 2018/2024 - Luxurious 3-Level Castle nestled on ~2 Acres 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 - 4 New 60mill TPO Commercial Roof Decks - New Septic System - Parking for 30+ Cars/Campers - Full Fire Sprinkler System - Approved and Monitored - Fire Alarm System

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 TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

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

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