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RV Park

Pikes Peak RV Park

320 Manitou Ave, Manitou Springs, CO 80829

Listing Price: $6,150,000

Cap Rate
8.00%
Number of Spaces
58
Lot Size
2.57 acres
Occupancy
1.0%
Price/Space
$106,034
Spaces/Acre
22.57
Year Built
1996

Investment Overview

Located in Manitou Springs, Pikes Peak RV Park is 2.57 acres and has 57 RV sites, an office, and a 5 bedroom/2 bath Victorian home on the property.? It's a shady oasis walking right off of Manitou Avenue and within walking distance to popular Manitou Springs attractions.? It has great road accessibility and a gateway to major hiking destinations--such as Garden of the Gods and the Manitou Incline with these spots seeing 70,000 and 6,000,000 annual visitors, respectively.? Manitou Springs was selected as one of the best small towns to visit in the U.?S.? and its downtown has the historic Manitou Penny Arcade along with shopping, an art scene, and live music.? The property has a fully renovated, 1885-construction Victorian home currently being used by the owner which can be added to the rental stream.?

Investment Highlights

  • ?Irreplaceable RV Park location—on Manitou Avenue and walking distance to major attractions including Manitou Penny Arcade and Manitou Incline.
  • ?Additional nearby tourist attractions include Pikes Peak, Garden of the Gods, the Biltmore Hotel, Olympic Training Center, Olympics Museum, and more.
  • ?High performing park which pivots between long-term oriented during winter and heavily transient from April through October.
  • ?1800-square foot renovated office, store, and laundry area on site with a low cost to operate property.
  • ?1800-square foot renovated office, store, and laundry area on site with a low cost to operate property. ?The property includes an 1885-construction, fully renovated Victorian home, currently being used by owner which can be added to the rental stream.

Exclusively Listed By

Listing Price: $6,150,000

Cap Rate
8.00%
Number of Spaces
58
Lot Size
2.57 acres
Occupancy
1.0%
Price/Space
$106,034
Spaces/Acre
22.57
Year Built
1996

Investment Highlights

  • ?Irreplaceable RV Park location—on Manitou Avenue and walking distance to major attractions including Manitou Penny Arcade and Manitou Incline.
  • ?Additional nearby tourist attractions include Pikes Peak, Garden of the Gods, the Biltmore Hotel, Olympic Training Center, Olympics Museum, and more.
  • ?High performing park which pivots between long-term oriented during winter and heavily transient from April through October.
  • ?1800-square foot renovated office, store, and laundry area on site with a low cost to operate property.
  • ?1800-square foot renovated office, store, and laundry area on site with a low cost to operate property. ?The property includes an 1885-construction, fully renovated Victorian home, currently being used by owner which can be added to the rental stream.

Investment Overview

Located in Manitou Springs, Pikes Peak RV Park is 2.57 acres and has 57 RV sites, an office, and a 5 bedroom/2 bath Victorian home on the property.? It's a shady oasis walking right off of Manitou Avenue and within walking distance to popular Manitou Springs attractions.? It has great road accessibility and a gateway to major hiking destinations--such as Garden of the Gods and the Manitou Incline with these spots seeing 70,000 and 6,000,000 annual visitors, respectively.? Manitou Springs was selected as one of the best small towns to visit in the U.?S.? and its downtown has the historic Manitou Penny Arcade along with shopping, an art scene, and live music.? The property has a fully renovated, 1885-construction Victorian home currently being used by the owner which can be added to the rental stream.?

Exclusively Listed By

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