Stay 7830
945 Nob Hill Road
Evergreen, CO 80439
Description
Offer details:
$14,000,000 to purchase
$11,000,000 to close
$3,00,000 in available capital to complete the remaining units in 12 months
- All units will have fire suppression (sprinkler) systems
- Approved / Zoned for Nightly rentals
- Water and sewer installed
- Continental Divide and city views
- Can be used as a wedding venue provided the guest stay at the Property
- Fourteen total sites (10) one-bedroom and (4) two-bedroom
- Three bedroom house
- Total land area is 6.73 acres
- Projected Cap Rates for Mid-Term Rentals:
2026 = 4.32%
- Projected Cap Rates for Nightly Rentals (62% occupancy @ 3.5 nights per stay):
2027 = 7.34%
2028 = 8.45%
2029 = 8.78%
2030 = 9.29%
The site is conveniently located seconds from I-70 and just 40 minutes to Denver International Airport, 15 minutes from historic downtown Evergreen / Evergreen Lake, less than a hour from world class skiing, 30 minutes to downtown Denver. Only 15 minutes from world famous Red Rocks Amphitheatre with 1.7 million visitors in 2024.
Numerous amenities within walking distance including local restaurants, liquor store, bike rentals and Walmart. Other nearby amenities in the immediate vicinity include, gas station, carwash and dry cleaners. Only an 8 minute drive to Bergen Park with local shops, restaurants and King Soopers.
Convenient location just seconds from I-70. Continental Divide views and Downtown Denver city views
