Incredible rural living or investment property! Rare opportunity close to town, large lot, and no HOA. The property includes 4 acres, two homes, a 1,195 SF garage, and two sheds. The sale could also include 36 shares of Williams & Hamm Ditch Company water shares (negotiable and/or included with full price offer). The main home is a 1,935 SF manufactured home with a primary suite with a walk-in closet, two bedrooms with a jack-and jill bathroom, and another bedroom with an en suite bathroom perfect for a guest room or in-law suite! The home also features an open living and dining area adjacent to the open kitchen, and an additional living room. This 4-bed, 3-bath home allows for a variety of living or co-living situations! The home was recently painted (exterior) and the interior has had various updates throughout the past 6 years. The home features magnificent views, vaulted ceilings, an open floor plan, a makeup station, a wood burning fireplace and newer washer and dryer. Attached is a newer, very large, 1,195 SF garage with high ceilings that will not disappoint. Detached second home featuring 672 SF, 1 bedroom and 1 bathroom. This charming 'cottage' features a full kitchen and is in newer, updated condition with T&G ceilings. Separately metered for electric and has no gas usage. Separate septic. The electrical panel is wired for a hot tub on the porch. Two sheds and a chicken coop. The acreage has historically been pasture land and is fully fenced with a gate. No HOA. Agent owner. Only 1 mile from the Heart of the Rockies Regional Medical Center. Most recent rent was $3,500/mo for the main home/garage plus $1,400/mo for the 2nd home. Market rent of $5,000/mo for pro-forma NOI of $53,975/year assuming $3,500/mo and $1,500/mo for residential tenants, actual taxes, insurance of $2,500/year and ditch fees of $600/year. +/- 6.0% cap rate with no consideration of the massive land upside or potential additional land rent/additional income. Easy to rent, great location.

Property Details of 7522 County Road 151

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Community

Other Details

Listed by Cody Gale of Luxury Mountain Estates (303-842-9852)

Map Location

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