Single Family Detached
Terrie E Troutman, RE/MAX Pinnacle, C: 970-749-4826, firstname.lastname@example.org, http://www.terrie.troutman.remaxagent.com: RARE offering for an income property at Vallecito - Three cabins that are each 3BD/2BA on 1.78 acres, all pristine and meticulously maintained. Boletus Creek runs through the property into a large, crystal clear private trout pond. This setting is second to none. Cabins have been extremely popular vacation rentals with established clientele returning year after year. In the 100 day season beginning Memorial Day weekend and ending Labor Day weekend, the occupancy rate has averaged 82% over the past 4 years. Current owners also experience a robust spring and fall shoulder season rental income. Gross rental income has averaged $54,717 over the past 4 years for that short period of time. The owners have operated the cabins on a limited year around basis and experienced excellent results. Numerous options include living in one cabin and renting out the other two to make your mortgage payment; a family retreat; or an income producing investment property. Being sold with furnishings and all of the necessities to operate a successful vacation rental business, all included and ready to go. All of this at beautiful Vallecito Lake and only a short drive from Durango. Check out the reviews on Trip Advisor and Facebook for a small sampling of how much guests love staying here!! Adjacent two parcels-one with a log home and garage with guest apartment on 1.33 acres, and another parcel of .8 acres with incredible mountain views could also be purchased - see MLS #732645. You truly have to see this amazing property to appreciate it, and you won't want to leave!!
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Single Family Detached
located at 18, 20 & 22 W Vallecito Creek Road, Vallecito Lake/Bayfield, CO
is currently for sale.
18, 20 & 22 W Vallecito Creek Road, Vallecito Lake/Bayfield is listed
This property has 9 bedrooms, 6 full bathrooms, and approximately 3,200 square feet.
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