1501 Central AveDolores, CO 81323

Property Details for 1501 Central Ave

Year built

1991

Lot size

1.24 AC

Property type

Hospitality properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a well-established 11-pad RV park nestled in Dolores, Colorado. The property encompasses 1.24 acres and includes a charming, recently renovated two-bedroom, one-bathroom unit currently operating as a short-term rental (VRBO) above the park office. The office building itself features separate men's and women's restrooms with showers, a coin-operated laundry facility, and an RV dump station – all generating additional revenue streams. The current income figures are conservative, reflecting the recent VRBO approval and limited 2023 data; significant upside potential exists through market-rate adjustments for long-term rentals. The property also offers two potential glamping sites, currently used for storage, which could further enhance income. The main building, constructed in 1991, is a two-story structure with approximately 3,200 square feet of net rentable space (note: a discrepancy exists between this figure and county records; potential buyers are advised to verify measurements). The property is zoned commercial and benefits from a grandfathered RV park designation, although expansion is not permitted. The location is ideal, situated near a city park with river access, a school, and extensive BLM/Forest land. Additional financial and utility information is available upon request. This property is a turnkey operation, perfect for an investor seeking a strong return or a hospitality entrepreneur looking to expand their portfolio.

Location Insight

City

Dolores

County

Montezuma

State

Colorado

Latitude

37.476

Longitude

-108.49

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].