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Off market
  • $1,783,900

    58415 Us Highway 285, Bailey, CO 80421

    21beds
    13baths
    9,891sqft
    MultiFamily
    Built in 1960
    -- sqft lot
    $1,783,900 Zestimate®
    $180/sqft
    $1,656 Estimated rent

    What's special

    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!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 13
    Heating
    • Forced air, Wall, Propane / Butane
    Features
    • Flooring: Tile, Carpet, Hardwood, Laminate, Linoleum / Vinyl
    • Basement: Finished
    Interior area
    • Total interior livable area: 9,891 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    • Fencing: Fence
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 23.40 Acres
    • Features: Borders Public Land, Borders National Forest
    Details
    • Parcel number: R0018534
    • Zoning: Mixed Use

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Foundation: Concrete
    • Roof: Composition
    Condition
    • Year built: 1960

    Community & neighborhood

    Location
    • Region: Bailey

    Other

    Other facts
    • Flooring: Wood, Carpet, Tile, Laminate, Vinyl/Linoleum, Plank Vinyl
    • Heating: Forced Air, Propane, Wall Heater
    • ExteriorFeatures: Deck, Yard, Dog Run, Utility Shed, Fence, Front Porch, Pond/Lake
    • Zoning: Mixed Use
    • NumberOfUnitsTotal: 11
    • BusinessType: Storage, Mixed, Bed & Breakfast, Mobile/Trailer Park
    • ConstructionMaterials: Log, Wood Siding
    • OpenParkingSpaces: 0
    • Cooling: Ceiling Fan(s)
    • Roof: Composition Shingles
    • NumberOfUnitsVacant: 1
    • BuildingName: Riverbend
    • LotFeatures: Borders Public Land, Borders National Forest
    • Fencing: Fence
    • StructureType: Ranch/1 Story
    • View: River/Lake View
    • MlsStatus: Active
    • GrossIncome: 91520
    • GrossScheduledIncome: 141600
    • NetOperatingIncome: 31530
    Services availability
    Get pre-qualified for a loan
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    An equal housing lender. NMLS #10287.