78415 US Hwy 40 204, Winter Park, CO 80482 (MLS# 22-1471)

$849,500
78415 US Hwy 40 204
Winter Park, CO 80482
MLS# 22-1471
Status: Closed
1 baths  |  1944 sqft
78415 US Hwy 40 204, Winter Park, CO 80482
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Property Description
Introducing Ski Butlers - STNL Retail Investment, an exceptional opportunity located at 78415 US Highway 40, Unit 204 in Winter Park, Colorado. This retail condo unit is part of the newly renovated Apres Winter Park development, a bustling hub in the heart of downtown Winter Park. Boasting a prime location and favorable zoning, this 1,944 sq/ft unit comes with a strong tenant lease in place, generating $52,516 NOI. The tenant, Ski Butlers Holding, LLC, is a subsidiary of Alterra Mountain Company, a renowned family of 15 year-round mountain destinations. Ski Butlers is a global leader in ski and snowboard rental delivery, serving over 50 resorts worldwide. With a focus on convenience and exceptional service, Ski Butlers ensures a hassle-free rental experience.

Details
Maps
Documents
Contract Information
Current Price: $849,500
Transaction Type: Income Commercial
Property Subtype: Single Family Residence
Status: Closed
Begin Date: 2022-11-17
Sold Date: 2023-09-22
Sold Price: $849,500
Under Contract Date: 2023-08-15
Lease Term: None
Percent Ownership: Full
Reservations: Not Applicable
1st Right of Refusal: No
List Price Per SqFt: 436.99
Sold Price Per SqFt: 436.99
Location Legal and Taxes
Area: Winter Park Area
House Number: 78415
Street Name: US Hwy 40
County: Grand
State/Province: CO
Postal Code: 80482
Tax Year: 2022
Subdivision: WINTER PARK
General Property Description
Realtor.COM Type: Commercial
Total SqFt: 1944
Finished SqFt: 1944
Year Built: 1978
Year Built Remarks: Updated 2022
Lot Size: NA
Total Bathrooms: 1
Garage Type: None
Miscellaneous
Minimum Earnest $: 15000
Sales Transfer Tax: Yes
Sewer Source
Community: n/a
Public: Tap Paid
Utilities
Cable TV: Avail but no Connect
Electric: Connected
Natural Gas: Avail but no Connect
Property Features
Lease Type: NNN
Water Source: Public; Public
Heating: Hot Water
Construction: Block; Frame
Terms: Owner Will Carry
Supplements
This NNN lease investment opportunity offers a purchase price of $849,500, an initial cap rate of 6.06%, and a 5-year lease term with additional options. The property's attractive 8.89% 5-year cash IRR adds to its appeal for astute investors. Don't miss out on this chance to own a prime retail investment in Winter Park. Discover the potential of Ski Butlers - STNL Retail Investment at 78415 US Highway 40, Unit 204. Seller will finance WAC & terms

Listing Office: Re/Max Peak to Peak

Last Updated: August - 31 - 2024

78415 US Hwy 40 204, Winter Park, CO 80482 - MLS# 22-1471

Information deemed reliable but not guaranteed.

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