1501 Central Ave Dolores, CO 81323

Property Details for 1501 Central Ave

Year built

1991

Lot size

1.24 lot acres

Property type

Mobile home & RV parks

Property subtype

Residential income homes

Description

This exceptional investment opportunity presents a well-established 11-pad RV park nestled in Dolores, Colorado. The property encompasses 1.24 acres and includes a charming, recently renovated two-bedroom, one-bathroom unit currently operating as a short-term rental (VRBO) above the park office. The office building itself features separate men's and women's restrooms with showers, a coin-operated laundry facility, and an RV dump station – all generating additional revenue streams. The current income figures are conservative, reflecting the recent VRBO approval and limited 2023 data; significant upside potential exists through market-rate adjustments for long-term rentals. The property also offers two potential glamping sites, currently used for storage, which could further enhance income. The main building, constructed in 1991, is a two-story structure with approximately 3,200 square feet of net rentable space (note: a discrepancy exists between this figure and county records; potential buyers are advised to verify measurements). The property is zoned commercial and benefits from a grandfathered RV park designation, although expansion is not permitted. The location is ideal, situated near a city park with river access, a school, and extensive BLM/Forest land. Additional financial and utility information is available upon request. This property is a turnkey operation, perfect for an investor seeking a strong return or a hospitality entrepreneur looking to expand their portfolio.

Location Insight

City

Dolores

County

Montezuma

State

Colorado

Longitude

-108.4902711

Latitude

37.475995