Exceptionally profitable River Stone Property Management Company serving 26 units from 2 HOAs (River Stone & Bear Paw) each HOA has its own agreement with the company. Zoning is Estes Park A-Accommodations. Purchase price includes on-site owner's and managers' living quarters, commercial laundry, reception/check-in office, plus a heated 5-car garage & workshop/storage facility, consumable inventory and some furniture, fixtures, and equipment. This business, near Rocky Mountain National Park, has been operating since the early 2000s and run by the the current owner since 2013. The 26-unit owners have individual contracts with the Company and there is no permanent owner-occupancy of the units. This is an income producing property for the owners. Two salaried property managers and 6 part-time housekeepers are currently in place. Financial information is available upon completion of the non-disclosure agreement. Post closing training is available as needed. An excellent passive investment for an individual or property management company.
DirectionsFrom Downtown Estes Park take High 34 West toward the National Park. Property will be on the left just past Fall River Court. Sign will have River Stone and Bear Paw names. Turn left into the propert
ElectricElectric, Town of Estes P
ExclusionsFord Explorer and Ford F-150, personal property of the seller
Garage Y/NNo
Gas Y/NNatural Gas, Xcel Energy
Gross Income
HOANo
HeatingHot Water, Baseboard
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet436
Lot Size UnitsSquare Feet
MLS AreaEstes Park
Net Operating Income
New ConstructionNo
Operating Expense0
Possible UseCommercial
Property Attached Y/NYes
Property ConditionNot New, Previously Owned
Property SubtypeAttached Dwelling
Property TypeCommercial Sale
RoofComposition
Senior Community Y/NNo
SewerDistrict Sewer
Standard StatusActive
StatusActive
Subdivision NameRiver Stone
Tax Year2023
Tenant PaysNone
Unit Number17
UtilitiesNatural Gas Available, Electricity Available, Cable Available
ViewMountain(s)
Waterfront Y/NNo
Year Built1998
ZoningA
Exterior for 2120 Fall River Rd 17
Building Area Total2614
Door FeaturesStorm Door(s)
Horse Y/NNo
Lot FeaturesFire Hydrant within 500 Feet, Covenants, Sloped, Within City Limits, River Access
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