10 Panorama Drive

Estimated Monthly Payment: $9,002/mo 10 Panorama Drive, Divide, CO 80814 MLS# 1006040 Commercial Listing Status: Active
113
58
0
0

REMARKS:

Site Design Flexibility – Options; possibly the 7 cottages site area on the PUD could be used for motorhome RV parking and hookups, if this was desirable option for Chairs Bible College Conferences and tourists. This would need to be confirmed with Teller County Planner and Land Use Regulations. Utilities: Electrical – IREA primary is on south side of US Highway 24 service can be bored under Highway to hotel site, estimated cost TBD. Phone – on south side of US Highway 24 can be bored under Highway to hotel site, estimated cost TBD. Fiber Optics – on north side of US Highway 24, estimated cost TBD. Sanitary Sewer Service – will have to be extended 700 feet to hotel site, estimated cost TBD. Natural Gas – Gas main is on the south side of US Hwy 24 can be bored under Highway to hotel, site estimated cost TBD. Water Service – will have to be extended 3300 feet to hotel site, estimated cost TBD. Nearby lots to be platted (7.56 ac.) across Panorama Dr. are available, allowing 32 building sites (0.17 ac. per Resort Cottage). These smaller homes could very easily play off of the Hotel Resort Site Marketing and Income Proforma as rental housing for weekly, monthly, and annually with Hotel Resort shared common facilities, and amenities i.e. work out room, coffee bar area, etc.… Rental Options: Charis Bible College students with a family in town for the school term only, summer residents, vacation rental, family reunions, extended stay housing for seniors and others.

OVERVIEW:

Commercial
Land (COM)
Active
Meadow Park
Divide
6.01

FINANCIAL:

$1,970,000
$219.9

 Courtesy of  Meadow Park Realty

NEIGHBORHOOD & SCHOOL INFORMATION:

Data Last Updated: 12/16/2017

 

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