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RV Park

Rocky Top Motel & Campground

10090 W Hwy 24, Green Mountain Falls, CO 80819

Listing Price: $6,700,000

Cap Rate
7.64%
Number of Spaces
86
Lot Size
9.23 acres
Occupancy
90.0%
Price/Space
$77,907
Spaces/Acre
9.32
Year Built
1946

Investment Overview

Rocky Top Motel and Campground is located in Green Mountain Falls, Colorado. The space mix is comprised of 64 RV lot rents, 13 motel rooms, 8 tent sites, and one single family home that is three bedroom and two baths. The property operates on well water and septic sewer. All utilities are paid for by the property except for electric which is billed back to the residents.
The property has approximately 600 feet of frontage on U.S. Route 24, one of the original United States Numbered Highways of 1926. The highway runs east to west and spans over 1,500 miles from Colorado to Michigan. Through the town on Green Mountain Falls, this highway sees over 24,000 vehicles daily.
Green Mountain Falls is located just to the west of Colorado Springs, approximately 10 miles along US Route 24 West. At an elevation of 7,800 feet, this quaint town is almost concealed within a picturesque mountain valley, bordered by Pike National Forest. The area boasts an array of natural wonders, including creeks, waterfalls, and a lake with Gazebo Island as a notable point of interest and historical significance. Visitors can also explore rugged cliffs, vibrant wildflowers, diverse wildlife, and a comprehensive network of trails, all of which contribute to the town’s unique charm and allure.
The region is known as a major travel destination and welcomed 24.8 million visitors in 2023. Those visitors spent a total of $2.9 billion. Tourism is the 3rd largest employer in the Pikes Peak Region, providing more than 20,000 jobs. A few nearby destinations include:

Manitou Springs – Known for its historic charm, unique shops, mineral springs, and attractions like the Manitou Incline, a challenging hiking trail with incredible views.

Woodland Park – A larger town with shopping, dining, and amenities, perfect for everyday needs.

Colorado Springs – A major city with a wide range of entertainment, dining, and cultural attractions, including the Garden of the Gods, Cheyenne Mountain Zoo, and more.

Investment Highlights

  • 064 RV Lots, 13 Motel Rooms, 8 Tent Sites, and One Single Family Home - Expansion Opportunity 15+/- RV Lots
  • Seller Finance Available - 7 Year Note, 35% Down Payment, 4.5% Interest Only for 3 Years
  • Day One Cash on Cash Return 13.47%
  • Management Willing to Stay Onboard
  • Operates on Private Utilities
  • Highway 24 Frontage Which Sees Over 24,000 Vehicles Daily
  • 15 Minutes or Less to Pikes Peak Highway, Woodland Park, Manitou Springs, and Colorado Springs

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

RV Park

Rocky Top Motel & Campground

Listing Price: $6,700,000

Cap Rate
7.64%
Number of Spaces
86
Lot Size
9.23 acres
Occupancy
90.0%
Price/Space
$77,907
Spaces/Acre
9.32
Year Built
1946

Investment Highlights

  • 064 RV Lots, 13 Motel Rooms, 8 Tent Sites, and One Single Family Home - Expansion Opportunity 15+/- RV Lots
  • Seller Finance Available - 7 Year Note, 35% Down Payment, 4.5% Interest Only for 3 Years
  • Day One Cash on Cash Return 13.47%
  • Management Willing to Stay Onboard
  • Operates on Private Utilities
  • Highway 24 Frontage Which Sees Over 24,000 Vehicles Daily
  • 15 Minutes or Less to Pikes Peak Highway, Woodland Park, Manitou Springs, and Colorado Springs

Investment Overview

Rocky Top Motel and Campground is located in Green Mountain Falls, Colorado. The space mix is comprised of 64 RV lot rents, 13 motel rooms, 8 tent sites, and one single family home that is three bedroom and two baths. The property operates on well water and septic sewer. All utilities are paid for by the property except for electric which is billed back to the residents. The property has approximately 600 feet of frontage on U.S. Route 24, one of the original United States Numbered Highways of 1926. The highway runs east to west and spans over 1,500 miles from Colorado to Michigan. Through the town on Green Mountain Falls, this highway sees over 24,000 vehicles daily. Green Mountain Falls is located just to the west of Colorado Springs, approximately 10 miles along US Route 24 West. At an elevation of 7,800 feet, this quaint town is almost concealed within a picturesque mountain valley, bordered by Pike National Forest. The area boasts an array of natural wonders, including creeks, waterfalls, and a lake with Gazebo Island as a notable point of interest and historical significance. Visitors can also explore rugged cliffs, vibrant wildflowers, diverse wildlife, and a comprehensive network of trails, all of which contribute to the town’s unique charm and allure. The region is known as a major travel destination and welcomed 24.8 million visitors in 2023. Those visitors spent a total of $2.9 billion. Tourism is the 3rd largest employer in the Pikes Peak Region, providing more than 20,000 jobs. A few nearby destinations include: • Manitou Springs – Known for its historic charm, unique shops, mineral springs, and attractions like the Manitou Incline, a challenging hiking trail with incredible views. • Woodland Park – A larger town with shopping, dining, and amenities, perfect for everyday needs. • Colorado Springs – A major city with a wide range of entertainment, dining, and cultural attractions, including the Garden of the Gods, Cheyenne Mountain Zoo, and more.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

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