13391 County Road 250 Durango CO Real Estate
This 16.5 acres of pristine wooded property, newly remodeled, is reminiscent of what could be your favorite outdoor space. Located on the Animas River and less than 20 minutes to the beautiful Purgatory Resort, the adventures to be had are at the guest's fingertips. Hiking and biking trails, fishing, off-road trails are just a short trip away, or you can enjoy the heated pool or playground on site. This KOA is the come-back-kid from the natural disasters of last summer. Actual Cap Rate for the lodging sites and gift store this year is 6.7% 2020 projected actual cap rate is 9%. The KOA had a late start to their summer starting June 1st rather than April 15th and the fall season just wrapped up as of October 15th. There are 75 RV Spaces, 23 Cabin Rentals, and 6 Tent Sites. The cabin styles range from a 1-room, 2-room on river, deluxe on river and contemporary options. The roads are paved making it easy to navigate the park. Each Camping (RV) space comes with its own picnic table, grill and water spigot. The RV spaces have a 50 AMP, or a 30 AMP hook up, while each Cabin has its own porch swing. The property also features a large laundry facility on-site for camper's convenience featuring approximately 10 washers and 10 dryers, 2 separate shower facilities (one for men and one for women), WiFi, Cable TV, a projector screen for night-time movies, and an on-site arcade and game room, complete with pool tables for additional entertainment. The General Store and Check-In Office are stocked with t-shirts, gift items, camping, and outdoor supplies and the convenience store side carry pantry and food items, as well as cold drinks for the campers, stay. Inside the General Store is it's very own Fudge Shoppe. The onsite commercial restaurant with hood vent has been known to offer up some satisfying breakfast as well as some 'come and get it steak dinners and pulled pork plates. There is interior and exterior seating for this restaurant seating approximately 50 people all at once. Pizza is also served daily at the restaurant for campers' after adventures treat. Campers could also grab a lunch sandwich from the restaurant on their way to the river or favorite hiking trail. The Ice Cream Shoppe is open daily as well for a refreshing ice cream cone, malt, shake, or banana split. This site could easily host large functions like reunions, weddings, church groups or company outings. There are 2 private residences located on-site which can be used for the owner and/or managers housing. All the amenities are privately owned and pass with the sale of the property. The owners are also passing a large fixture and furniture inventory which includes a tractor and OHV's. This turnkey business is truly an amazing opportunity. Revenue planned additions include 5 cabins to replace RV sites, Jeep and Bike Rentals, Restaurant Open and Operating, Increased Rental Rates and Open the Park for Winter Operation. Water rights will also go along with the sale of this property.