8966 County Road 90 - Specialty FOR SALE


Lake George, CO 80827
$1,100,000 USD
719-494-7902
8966 County Road 90, Lake George, CO for Sale
$1,100,000 USD
Specialty - FOR SALE
1/19
null | 11.4% Cap Rate

NEW


8966 County Road 90
Lake George, CO 80827


OVERVIEW

Nestled in the heart of Colorado's Rocky Mountains, this well-established campground in Lake George, Colorado offers an inviting mix of rustic charm, outdoor adventure, and reliable income. The property attracts anglers, outdoor enthusiasts, and families seeking an authentic mountain getaway. Features 10 cozy cabins with kitchenettes and private bathrooms, 14 full hook-up RV sites (water, sewer, electric, Wi-Fi), 6 tent sites, and 2 community bathrooms with two showers in each. Also has a 2-bedroom, 1-bath home/lodge currently used as the owner's home with a private backyard and office area (may be converted into an additional income-generating rental unit). The business has demonstrated consistent profitability and strong cash flow (approximately $130k last 3-year average) with modest operational expenses. Its steady performance and repeat customer base make it a reliable, low-risk investment opportunity in Colorado's thriving tourism market. There is zero advertising/sales/marketing done in this business, and it only operates between May 1st and November 1st, allowing 6-months of freedom for the current owners under current structure. The Cabins and Campground are situated near 11-Mile Reservoir, Spinney Mountain Reservoir, and Tarryall Reservoir. The property is surrounded by world-class fishing opportunities including the Gold Medal river waters of 11-Mile Canyon and the Dream Stream, famous among fly-fishing enthusiasts worldwide. The area's charm extends beyond fishing. Guests enjoy Rockhounding for gems made famous by the Discovery Channel TV show 'Prospectors'. Hiking, biking and wildlife viewing abound in the surrounding Pike National Forest and Lost Creek Wilderness area. The famous town of Cripple Creek is a beautiful 30-minute drive offering gambling, theater, and rich cultural history. This is a fantastic opportunity to live and work in a beautiful destination that helped shape Colorado's history. Opportunity abounds for growing the business with increased online marketing, advertising, investing in a longer season, and offering additional services (glamping, fishing, rockhounding and other outdoor adventure packages).

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

11.4%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lake George Cabins and RV Park

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

Commercial

APN/PARCEL ID

21884

ASK ABOUT THIS PROPERTY

Steve McCoyThird Act d/b/a Lake George Cabins and RV ParkMore Info
719-494-7902

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Steve McCoyThird Act d/b/a Lake George Cabins and RV ParkMore Info
719-494-7902

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