400 Oak St La Veta, CO 81055
This exceptional investment opportunity encompasses two distinct properties in the charming town of La Veta, Colorado: the Two Fox Cabins and the Ranch House Motel. Situated on two acres, this combined property offers a unique blend of rustic charm and modern amenities. The Two Fox Cabins feature twelve uniquely decorated cabins and rooms, many situated along the Cucharas River, plus RV hookups and tent campsites. An additional nearly one-acre river parcel provides potential for expansion. The property boasts beautifully landscaped grounds, including a fire pit, porch swing, and ample space for relaxation. The six-unit Ranch House Motel, located a short walk from the Grandote Peaks Golf Course, offers renovated rooms with western and southwestern decor. Both properties cater to a diverse clientele, including tourists, cyclists, golfers, and festival attendees. The convenient location offers easy access to La Veta's town center, featuring local businesses, restaurants, and a vibrant community atmosphere. This turnkey operation presents a rare chance to own and operate a successful hospitality business in a picturesque mountain setting, with the potential for year-round operation or seasonal closure. The asking price is $1,750,000. The property is located at 400 Oak St, La Veta, CO 81055.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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