Excellent NNN investment opportunity at a 7.5% CAP. Tenant has installed an expensive, state-of-the-art climbing wall and gym facilities in a well-managed building. Owner has the opportunity to realize a strong return with minimal management. Tenant has two more years on current lease with an option to extend and strong motivation to remain in this location given the significant investment in the build out and fixtures. HOA takes care of building maintenance, snow removal and other upkeep. This is the only serious climbing facility in our extremely outdoorsy town and is poised to keep growing.
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Listed by Steamboat Sotheby's International Realty
2673 Jacob Cir., #2 & #3, Steamboat Springs, CO 80487 (MLS# S171011) is a
Multi-Family property with units containing 0 bedrooms and 0 full bathrooms.
2673 Jacob Cir., #2 & #3 is currently listed for $885,000 and was received on October 27, 2017.
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