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    Drake, CO
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    Drake, CO Multifamily Properties for Sale

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    Loveland, CO Glen Haven, CO Estes Park, CO Bellvue, CO Lyons, CO Johnstown, CO Berthoud, CO Fort Collins, CO
    Highway Lodge with River RV
    Updated: Jul 6, 2025
    Highway Lodge with River RV

    1601 US Highway 34, Drake, CO 80515

    $1,300,000
    8,963 sqft 22.61 AC lot
    Established income from 12 RV spaces on the river, rented monthly from $900-$1000 per space.
    Bar/restaurant with full liquor license and licensed commercial kitchen (including fire suppression system), all licenses included.
    US Post Office ground lease with two 5‑year extensions.
    22+ acre property** with multiple income streams (RV spaces, bar/restaurant, rentals, post office).
    Lodge with 9 rooms upstairs, an up/down duplex, and a manager's apartment.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    1601 US Highway 34, Drake, CO 80515

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $97K
      Annual

    • Price @ 7% Cap

      $1.38M
      Above asking

    • Last Sold

      Sep 2021
      $950K

    • Property Type

      Bed & Breakfast
      Built 1901
    View Property Analytics
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Drake, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    15-Unit Cabin Apartment Property
    15-Unit Cabin Apartment Property

    1110 W Highway 34, Loveland, CO 80537

    $3,490,000
    15,028 sqft 19.26 AC lot

    Situated on a National Forest–adjacent 19.26-acre wooded setting with decked cabins.

    View details
    Mixed-Use Income Building
    Mixed-Use Income Building

    1770 Avalon Drive, Estes Park, CO 80517

    Contact for pricing
    4,196 sqft

    Fully-leased four-unit stucco-and-stone building with two commercial and two residential units, each on separate utilities.

    View details
    Estes Park Multifamily Investment Opportunity
    Estes Park Multifamily Investment Opportunity

    390 Elm, Estes Park, CO 80517

    $3,200,000
    12.00 AC lot

    12-acre property with seven units in Estes Park, Colorado.

    View details
    RV Park with Cabins and Apartments
    RV Park with Cabins and Apartments

    6850 US-34, Loveland, CO 80537

    Contact for pricing

    Operating RV park includes long-term sites, remodeled studio cottages, and additional apartment units.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Bellvue Land with Mobile Home
    Bellvue Land with Mobile Home

    277 Riverside Dr, Bellvue, CO 80512

    $200,000
    0.21 AC lot

    Land with mobile home near Poudre River and Chambers Lake.

    View details

    Drake, CO Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Drake, CO on our real estate platform. These investment opportunities span a total of 8,963 square feet of properties for sale, with an estimated market value of $1,300,000.

    Sale prices for multifamily properties in Drake, CO average $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 786
    Population Growth (5Y) -26.5%
    Median Household Income $79,896
    College Educated 65.3%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Larimer County

    New Delisted

    Total CRE Inventory on Market (SF)

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