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8966 County Road 90 - Lake George Cabins and RV Park 4,000 SF Specialty Building Offered at $1,100,000 at a 11.40% Cap Rate in Lake George, CO 80827



Investment Highlights
- A scenic, high-demand recreation area near national forests and outdoor attractions.
Executive Summary
Nestled in the heart of Colorado's Rocky Mountains, this well-established campground in Lake George, Colorado offers an inviting mix of rustic charm, outdoor adventure, and reliable income. The property attracts anglers, outdoor enthusiasts, and families seeking an authentic mountain getaway. Features 10 cozy cabins with kitchenettes and private bathrooms, 14 full hook-up RV sites (water, sewer, electric, Wi-Fi), 6 tent sites, and 2 community bathrooms with two showers in each. Also has a 2-bedroom, 1-bath home/lodge currently used as the owner's home with a private backyard and office area (may be converted into an additional income-generating rental unit).
The business has demonstrated consistent profitability and strong cash flow (approximately $130k last 3-year average) with modest operational expenses. Its steady performance and repeat customer base make it a reliable, low-risk investment opportunity in Colorado's thriving tourism market. There is zero advertising/sales/marketing done in this business, and it only operates between May 1st and November 1st, allowing 6-months of freedom for the current owners under current structure.
The Cabins and Campground are situated near 11-Mile Reservoir, Spinney Mountain Reservoir, and Tarryall Reservoir. The property is surrounded by world-class fishing opportunities including the Gold Medal river waters of 11-Mile Canyon and the Dream Stream, famous among fly-fishing enthusiasts worldwide.
The area's charm extends beyond fishing. Guests enjoy Rockhounding for gems made famous by the Discovery Channel TV show 'Prospectors'. Hiking, biking and wildlife viewing abound in the surrounding Pike National Forest and Lost Creek Wilderness area. The famous town of Cripple Creek is a beautiful 30-minute drive offering gambling, theater, and rich cultural history.
This is a fantastic opportunity to live and work in a beautiful destination that helped shape Colorado's history. Opportunity abounds for growing the business with increased online marketing, advertising, investing in a longer season, and offering additional services (glamping, fishing, rockhounding and other outdoor adventure packages).
The business has demonstrated consistent profitability and strong cash flow (approximately $130k last 3-year average) with modest operational expenses. Its steady performance and repeat customer base make it a reliable, low-risk investment opportunity in Colorado's thriving tourism market. There is zero advertising/sales/marketing done in this business, and it only operates between May 1st and November 1st, allowing 6-months of freedom for the current owners under current structure.
The Cabins and Campground are situated near 11-Mile Reservoir, Spinney Mountain Reservoir, and Tarryall Reservoir. The property is surrounded by world-class fishing opportunities including the Gold Medal river waters of 11-Mile Canyon and the Dream Stream, famous among fly-fishing enthusiasts worldwide.
The area's charm extends beyond fishing. Guests enjoy Rockhounding for gems made famous by the Discovery Channel TV show 'Prospectors'. Hiking, biking and wildlife viewing abound in the surrounding Pike National Forest and Lost Creek Wilderness area. The famous town of Cripple Creek is a beautiful 30-minute drive offering gambling, theater, and rich cultural history.
This is a fantastic opportunity to live and work in a beautiful destination that helped shape Colorado's history. Opportunity abounds for growing the business with increased online marketing, advertising, investing in a longer season, and offering additional services (glamping, fishing, rockhounding and other outdoor adventure packages).
Property Facts
| Price | $1,100,000 | Building Class | C |
| Price Per SF | $275 | Lot Size | 3.00 AC |
| Sale Type | Investment or Owner User | Building Size | 4,000 SF |
| Cap Rate | 11.40% | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built | 1950 |
| Property Type | Specialty | Parking Ratio | 8.75/1,000 SF |
| Property Subtype | Trailer/Camper Park | ||
| Zoning | Commercial | ||
| Price | $1,100,000 |
| Price Per SF | $275 |
| Sale Type | Investment or Owner User |
| Cap Rate | 11.40% |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 3.00 AC |
| Building Size | 4,000 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 8.75/1,000 SF |
| Zoning | Commercial |
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Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 21884 | Improvements Assessment | $70,460 |
| Land Assessment | $28,310 | Total Assessment | $98,770 |
Property Taxes
Parcel Number
21884
Land Assessment
$28,310
Improvements Assessment
$70,460
Total Assessment
$98,770
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8966 County Road 90 - Lake George Cabins and RV Park
