5380 N Lariat Dr - Residential Income FOR SALE


Castle Rock, CO 80108
$1,649,900 USD
720-717-6600
5380 N Lariat Dr, Castle Rock, CO for Sale
$1,649,900 USD
Residential Income - FOR SALE
1/48
null | 18.18% Cap Rate

5380 N Lariat Dr
Castle Rock, CO 80108


HIGHLIGHTS

  • Nestled on 2 Acres in the Forest of Castle Pines, Mins to Shopping Malls, Golf Courses, Hospitals
  • Million Dollar Views, Park up to 50 Cars, Trucks, Campers, Boats on Property
  • Rental Income Property (Long Term, AirBnb, Assisted Living)
  • Fire Sprinkler, Radiant Heat, Wheelchair Accessible

OVERVIEW

The "CASTLE in the PINES" Estate : Property Uses : - Owner Occupy Residence w/Mother-in-Law Apt, 4 Offices. - Long-Term Rental (LTR) $ 12,000+/mo. - AirBnb Rental (STR) $ 24,000+/mo. - Assisted Living (ALR) $100,000+/mo , have proforma. - Corporate Office HQ. - Church Annex or Evangelism. * Opt TESLA Model Y, Red, AWD, 7-Passenger Highlights : - Total rebuild in 2011, Additions in 2018/2024 - luxurious 3-Level Castle in the forest of Castle Pines - Levels 1 & 2 are Accessible. - 4 separate Condos that can be interconnected - Completed/Passed 3 required inspections AirBnb Permit - 7 to 11 Bedrooms (120sf-240sf) - 9 Bathrooms (3/4 or Full). Accessible Bathrooms on Level 1 & 2 - 4-Car Garage w/1,000sf Roof Deck, Elevator Chute, VertiPort - Full Fire Sprinkler System & Fire Alarm System, Digital Home - Opt Turn-Key package for immediate Rental income $125K

FOR SALE DETAILS

PRICE

$1,649,900 USD

PRICE/SF

$303 USD /SF

CAP RATE

18.18%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

ER

APN/PARCEL ID

2351-150-04-028

ASK ABOUT THIS PROPERTY

Ray MooreCASTLE in the PINESMore Info
720-717-6600

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Ray MooreCASTLE in the PINESMore Info
720-717-6600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.