400 Palomino TrailRidgway, CO 81432MLS Number 39515

  • Price: $1,150,000
  • Est. Mortgage of $/month
  • 555 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
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400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432400 Palomino Trail Ridgway CO 81432
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  • 1Bedrooms
  • 0.25Acreage
  • 2Bathrooms
  • 2006Year Built
COW CREEK SUITES. One of the area's longest running and most popular vacation rental properties can be yours. As reported by VRBO, for the past several years these vacation rentals have consistently outperformed 90-95% of their market - a market comprised of some 1500 listed properties and including the towns of Telluride and Ouray. The occupancy rate for 2021 was 90%, yielding an attractive 4.1 percent cap rate. Over the previous five-year period the occupancy rate totaled 64%. Growth prospects remain excellent - entering 2022 the property was already 55% booked. See the listing agent for photos, reviews, and rates.
Listed by Cathy Redmond of Redmond Realty,LLC

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More Info

Parking

  • Covered Parking1 Car
  • Open Area Parking3 Car +
  • ParkingOpen Area

Building

  • Square Feet1,952
  • Building ConstructionFrame
  • Flex RoomNone
  • Full Bath1
  • Garage Sq Ft
  • Half Baths1
  • LoftsNone
  • Property StyleSouthwest
  • SubstructureCrawl Space
  • Year Built2006

Utilities

  • ElectricPower Company
  • Heat SystemForced Air
  • SanitationSewer
  • Utility Info Phone LinesRegular Phone
  • Utility Info Primary HeatForced Air
  • WaterPublic

Other

  • ExtrasAir Conditioning, Fence, Patio/Deck
  • Historical QualifctnNo
  • View Count35

Basic Information

  • Bedrooms1
  • Bathroom2
  • Age21 - 40 Years
  • Date Listed05/28/2021
  • DisclosuresCovenants
  • List Price$1,150,000
  • MLS Number39515
  • Property TypeResidential
  • Source Sq FtAssessor
  • StatusACT
  • Tax Year2020
  • Taxes$2,400
  • TypeWithin Township/City Limits

Interior

  • FurnishedFull

Property Information

  • Caretakers UnitNo
  • Irrigation YNNo

Location

  • SubdivisionXyz Subdivision
  • AccessCity, Paved
  • AreaRidgway - 71 (Major Area 70)
  • CountyOuray County
  • DirectionsSherman going east. Cross Highway 550 at the light. Make a right on Palomino and property is down on the left.
  • MLS Area MinorRidgway
  • Major Area70
  • Special LocationNone

Property

  • Acreage0.25
  • Lot24A
  • Property View DescriptionMountains, Valley

Exterior

  • Exterior FinishWood (Natural)
  • RoofMetal

Amenities

  • Appliances Included
    • Dishwasher
    • Dryer
    • Elec Oven/Range
    • Microwave
    • Refrigerator
    • Washer
  • HOA Dues$109
  • HOA Mangment Company InfoTo Be Determined
  • Other AmenitiesMountain View

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