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17931 W County Road 74E - Sundance Trail Guest Ranch

11,292 SF Speciality Building Offered at £2,343,438 at a 5.50% Net Initial Yield in Red Feather Lakes, CO 80545

Investment Highlights

  • 3.56x Revenue Multiplier | $21,763/AC
  • The Property features wide variety of outdoor activities to suit enthusiasts of all ages, including horseback trail rides
  • 36 holes of disc golf (the last 18 holes were completed in 2022)
  • An authentic, all-inclusive Colorado dude ranch on approximately 137.62 acres in the gorgeous Rocky Mountains
  • 4 Lodge Rooms and 3 rustic cabins featuring cozy accommodations
  • Broker of Record: Michael A. Corbey with Realspace Commercial Real Estate, LLC

Executive Summary

SVN | Northco is pleased to present, as exclusive advisor to ownership, the sale of Sundance Trail Guest Ranch, a sprawling ranch property that is located on approximately 137.62 acres of land in Red Feather Lakes, CO ("Property"). The Property is surrounded by 800,000+ acres of the Roosevelt National Forest, making it feel a world away. The ranch features suites and cozy cabins and that can accommodate couples, families, and groups of up to 24.
LOCATION DESCRIPTION:
Sundance Trail Guest Ranch is located in the heart of the Rockies in Larimer County, Colorado. It is situated in the northern part of the state, about 38 miles northwest of Fort Collins.
Red Feather Lakes surrounded by the Roosevelt National Forest and offers visitors a wide range of outdoor recreational activities, including hiking, fishing, camping, and boating. There are several lakes in the area, including the Red Feather Lakes, Dowdy Lake, and West Lake.
Red Feather lakes is a popular destination for vacationers and second-home owners. The village has a small commercial district with shops, restaurants, and lodging.
Red Feather Lakes is also known for its annual events, such as the Fourth of July parade and fireworks, the Black Powder Shootout, and the Fishing Derby.

Property Facts

Price £2,343,438
Price Per SF £208
Sale Type Investment or Owner User
Net Initial Yield 5.50%
Sale Conditions Business Value Included
Property Type
Speciality
  • Specialty Lodge Meeting Hall
Lot Size 137.62 AC
Building Size 11,292 SF
Number of Floors 2
Year Built/Renovated 1971/2022

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29070-00-072
Land Assessment
£11,644
Improvements Assessment
£105,507
Total Assessment
£117,151
  • Listing ID: 33335412

  • Date on Market: 27/09/2024

  • Last Updated:

  • Address: 17931 W County Road 74E, Red Feather Lakes, CO 80545

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