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!
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
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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