$1,500,000

58415 Us Highway 285

Bailey CO, 80421

Description

Welcome to Riverbend! This Income Property abounds with potential. Great frontage location with 1200 feet of 285 frontage. 23 acres of accessible mountain property conveniently located in Bailey. Beautifully remodeled Owner/Caretaker house plus 6 cabins, 4 mobile homes and additional RV spots for extra income opportunity. All cabins and mobile homes are currently rented with the exception of one. The main house has been spectacularly updated as well as some of the cabins. There is even an additional buildable home site secluded from the rest of the property with stunning views. 3 wells on the property. Well maintained roads for your tenants, all year long. 2 RV spaces that are rented for $650 and $600/month. Property Borders National Forest land and has direct access to 285. Put your personal stamp on this amazing property and create your own dream opportunity or enjoy passive income. Financial records provided upon request. The upside is endless

Details

MLS#4146003
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site235

Features

SQ Feet9,891
Story(s)1
ZoningMixed Use

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Area Information

StateCO
CountyPark
CityBailey
Zip Code80421
Listing VS Median (in 80421)
Price:
$1,500,000
low | high
Med:
$335,000
100% of Average
SqFt:
9,891
low | high
Med:
2,118
100% of Average
$ / SqFt:
$152
low | high
Med:
$158
45.703966005665% of Average
On Site:
235
low | high
Med:
222
100% of Average
Listing Updated: 12/21/2019
MLS Number: 4146003
Listing Provided By:
Kirby C Smith  of  MB CHERRY TREE PROPERTIES INC.