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Property Attributes
- MLS#991026
- TypeCommercial
- CountyLARIMER
- CityLaporte
- AreaFort Collins
- Neighborhood300869 - S30 T08 R69
- Zip80535
- Style
- Year Built1966
- Taxes$ 2239
- Price$ 2,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2.97 Acres
Data Source:
Information and Real Estate Services (IRES)
Property Description
Rare and unique income property ownership opportunity. Located in the quaint town of Laporte, Colorado and gateway to the Rocky Mountains. Nestled on approximately 3 acres at the base of the Rocky Mountain foothills featuring a spacious house with 7 bedrooms, open living room on upper level, balcony overlooking western mountains with gorgeous views great for relaxing, entertaining or watching the sun set. Rental units consisting of 1 One bedroom, 7 Studio units with kitchenettes, 6 studio units with microwave and mini fridge. Home of the prestigious long running Elkhorn Motel, while they could be considered overnight stays many tenants have made this their home for several years. The unique property offers a myriad of opportunities within the open zoning district. Do not hesitate to reach out for a private showing soon!
Price History | |
---|---|
6/29/2023 | Listed $3,000,000 |
9/27/2023 | 2% - $2,950,000 |
General Features
Sewer | Septic |
---|---|
Heating | Forced Air |
Cooling | Refrigeration/HVAC |
Roof | Composition |
Zoning | O |
Construction Materials | Brick/Brick Veneer |
Exclusions | Seller's personal property and Tenants' personal property |
Year Built | 1966 |
Tenant Pays | Deposit |
Property SubType | Sale: Commercial/Industrial |
Gross Income | 202800 |
Business Type | Mixed |
County | Larimer |
Net Operating Income | 157660.52 |
Operating Expense | 45139.48 |
New Construction | No |
Property Type | Commercial Sale |
HOA / Comm Assn | No |
Attached Garage | No |
Subdivision Name | 300869 - S30 T08 R69 |
Possible Use | Commercial or Industrial |
Garage Y/N | No |
Status | Active |
City | Laporte |
Buyer Agent Compensation | 3.00 |
Senior Community Y/N | No |
MLS Area | Fort Collins |
Lot Size Units | Square Feet |
Lot Size Square Feet | 129372 |
Waterfront Y/N | No |
Street Name | County Road 54G |
Property Attached Y/N | No |
Land Lease Y/N | No |
Tax Annual Amount | 2239.48 |
Property Condition | Not New,Previously Owned |
Days on Market | 322 |
Living Area Units | Square Feet |
Standard Status | Active |
Cap Rate | 5.34 |
Buyer Agent Compensation Type | % |
Interior Features
Basement | Crawl Space |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
LivingAreaSource | Appraiser |
Exterior Features
Fencing | Wood,Chain Link |
---|---|
Lot Size Area | 129372 |
Spa | No |
Building Area Total | 7082 |
Lot Size Acres | 2.97 |
Road Surface Type | Asphalt |
Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool