Property Overview

Facts

  • Address 23024 U.S. 6 | Keystone CO 80435
  • Transaction Type For Sale
  • Property Type Retail - Street Retail
  • Year built 1983
  • Building size (SF) 7,200
  • Size (Ac) 0.16
  • APN 4200471

Overview

Snowdance Plaza is located inKeystone, Colorado. It is approximately 7,200 square feet. The mixed-use property is situated on approximately 0.16 Acres. This three story building has a mix of retail, office and residential units. The improvements were constructed in 1983. Because most residential spaces in Keystone are geared towards tourism, Snowdance Plaza is able to stay leased year round due to it’s focus on employee housing. The building is currently 100% leased by eleven tenants.Priced at $2,875,000 (7.56% Cap), Seller will carry financing at 6.75% interest-only with $1,000,000 down payment. This investment will provide the buyer with a 9.08% cash on cash return! Snowdance Plaza provides the astute investor an asset with significant upside (as described below). This property is a once in a lifetime opportunity to own an investment in one of Colorado’s most renowned ski towns.

Highlights

7.56% Cap Rate

Below Market In-Place Rents

100% Leased
Seller-Carry Financing Available

High Traffic Location

Location Map

Team

Centennial Advisers

Centennial Advisers