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- LoopNet Team
220 Buffalo Mountain Dr
Silverthorne, CO 80498
Land For Sale
·
1.96 AC

INVESTMENT HIGHLIGHTS
- Land Owner receives the income monthly, tenant is responsible for everything else
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 1.96 AC |
| Property Subtype | Industrial | ||
| Zoning | SC-2 | ||
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 1.96 AC |
| Zoning | SC-2 |
DESCRIPTION
An Ideal Investment for long term. This Property has Predictable Escalating Income. The Land lease has very low risk with long term reliability. 1.96 Acres of fully improved Industrial development in Silverthorne, Colorado. The Property is Professional Managed by a Third Party and all expenses, taxes and Assessments are the obligations of the Tenant. The Land Lessee is Blue Warehouse Condominium Association under a 99 year lease, 84 years remaining, Escalating income and no releasing. The improvements consist of 27 Warehouse Condominiums in two buildings. The Blue River Association collects monthly assessments from each individual unit owner and pays all expenses including the land lease payment. Rent is due without consideration of the individual owner’s. Rent is always paid like clockwork each month. Land Appreciation history is far above average, located in the heart of Ski Country Colorado. Real Estate prices have increased 84% and sales volume has increased 463% showing impressive area growth. Prime Investment property is the heart of ski country Colorado. Centrally located Near Colorado’s Major Ski Resorts including; Keystone, Arapahoe Basin, Copper Mountain, Loveland and Copper Mountain. History tells us that Silverthorne area is well on its way for Superior Land Values in the future. Go with a low risk investment with superior longevity. Investors appreciate the NNN income flow, Rent Escalators, Lack of Management. This low risk investment is perfect for any portfolio.
PROPERTY TAXES
| Parcel Number | 6502618 | Improvements Assessment | $0 |
| Land Assessment | $457,185 | Total Assessment | $457,185 |
PROPERTY TAXES
Listing ID: 17164862
Date on Market: 9/11/2019
Last Updated:
Address: 220 Buffalo Mountain Dr, Silverthorne, CO 80498
The Land Property at 220 Buffalo Mountain Dr, Silverthorne, CO 80498 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
