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Circle, Lodge & Cabins For Sale
Location Colorado,United States
Asking Price Range $500K - $1.0M
Gross Revenues $84000
Net Profit / Cash Flow $65000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1975
Number of Employees 1 - 3
Inventory 20000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training YES
Reason for Sale RETIRING
Description ''MAKE OFFER' 14 RENTALS AND 2 RV SITES NEAR LAKE. 7 rental Cabins and a LODGE (with 7 units) & 2 RV sites, on 3.4 acres of pines, backs to National Forest Land, and a few hundred yards from horse rentals. Walk to the lake and next door to trout fishing pond and a restaurant. THE CABINS: One-4 bedroom, 2 story cabin: One, 3 bedroom cabin: Four, 2 bedroom cabins: One, studio. All rustic decor with fireplaces and spreads throughout the pines. LODGE 7 units: Upstairs: One bedroom apartment with adjoining motel room. One bedroom with covered deck. DOWNSTAIRS: One bedroom apartment, with adjoining motel room: Studio with adjoining motel room. Large playground with a pavilion, volleyball court, picnic areas with a large covered pavilion and fire pitts. Overlooks horse meadows, (views of elk, bear, eagles, and wildlife, lake a few blocks away, or a short walk through National Forest. Within a few blocks, boat dock with boat rentals, rivers, horse rentals, restaurants, bars, ma/pa gas/market station, and only 23 miles N.E. of Durango and 17 miles N. of Bayfield on County Road 501 at Vallecito Lake, Colorado. PRICED FOR QUICK SALE, Best to call Donna 928-951-0926 for more information or pictures. (water is on a well) Roads are maintained year round. Beautiful community mountain town. Circle S Lodge & Cabins, 100% OCCUPANCY ON MONTHLY BASIS (ALL WITH LEASES)
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