2075 Walton Creek Rd, Steamboat Springs, CO 80487

Property Description

Re-development opportunity on a gently sloped 0.6 acre lot with views close to the Steamboat Ski area on the free bus route. This property is currently zoned RN2 with the potential to apply for increased density subject to the City of Steamboat planning process. The top unit has 4 bedrooms / 2 baths and is leased to a construction crew for $4,000 per month until July 31, 2024. The lower unit has 2 bedrooms / 1 bath and is leased for $1,350 per month to a very long term tenant. Buyers can determine what they believe are market rents. The right Buyer will understand and be comfortable with the home’s current condition. Given the scope of work necessary, Seller will favor cash offers as this property may not qualify for a conventional loan. Seller recommends Buyer have a contractor to inspect on Buyer's behalf to help determine if this property is within the scope of a project they are comfortable taking on. The Sellers are looking for a Buyer who understands that this property is a redevelopment opportunity or are willing to take on a remodel project with potential surprises and offers contract terms to reflect that. Any offer must acknowledge, in the offer, that the buyers are aware the listing brokers are owners of the property and licensed real estate brokers in Colorado.