575 Colorado AveLimon, CO 80828
- Other commercial real estate
- 144 SF
Property Details for 575 Colorado Ave
- Year built
- 1992
- Construction
- LOG
- Lot size
- 6.15 AC
- Property size (Sq ft)
- 144 SF
- Property type
- Other commercial real estate
- APN
- 258516201001
- APU
- 258516201001
Description
This exceptional investment opportunity presents a thriving Class B RV park in Limon, Colorado. Located conveniently off Interstate 70 at 575 Colorado Ave, Limon, CO 80828, this established business boasts 67 units, including 57 RV pads, spread across 6.146 acres. The property includes four buildings constructed in 1997, totaling 2,598 square feet. Amenities are plentiful and include cabins, a swimming pool, a three-bedroom home, a manager's apartment, a detached garage, and additional outbuildings. Currently operating as a KOA campground, this property enjoys high occupancy throughout the peak season and offers significant potential for increased off-season revenue through additional monthly rentals. The asking price is $3,492,500, representing a compelling value-add investment opportunity in a prime location with strong existing cash flow and substantial upside potential. This well-maintained property is ready for a new owner to continue its success and capitalize on the growing demand for RV camping. The property's location on I-70 ensures high visibility and easy access for travelers. This is a turnkey operation with established infrastructure and a proven track record.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $30,937
- Hospitality
- $28,338
- Educational
- $23,577
- Medical
- $24,388
- Retail
- $36,675
Location Insight
- City
- Limon
- County
- Lincoln
- State
- Colorado
- Latitude
- 39.266
- Longitude
- -103.673
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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