97 Elk Walk Rd Montrose, CO 81403-7308
Nestled in the heart of Colorado's Uncompahgre National Forest, this exceptional 226-acre property presents a unique investment opportunity. The Elk Mountain Resort encompasses a substantial 19,384 square foot lodge, seventeen 3-bedroom, 3-bathroom cottages (each 2,035 square feet), and twenty-one luxury suites (416 square feet each). This all-inclusive, four-season retreat boasts an impressive array of amenities designed for recreation and relaxation. These include a massage and therapy salon, sauna, pickleball court, tennis facility, three skeet ranges, a 15,560 square foot tactical shooting facility, snowmobile and ATV park, fishing lake, and an equestrian center. A charming mountain chapel adds a unique touch. The property also features extensive administrative and maintenance infrastructure, comprising a machine shop, wood shop, office and administration space, a large wine cellar, equipment storage, and water and sewer treatment centers. Offered at $19,950,000, this turnkey resort presents a rare chance to acquire a fully operational, high-amenity property in a stunning natural setting. The property's location in Montrose County, Colorado, zip code 81403, at 97 Elk Walk, provides easy access to outdoor activities and stunning natural beauty. This is a truly exceptional opportunity for a discerning investor seeking a high-end, established resort property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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