$316,000
$316,000
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50827 Highway 550 Durango, CO 81301
1 Bed
1 Bath
750 SqFt
Key Details
Sold Price $316,000
Property Type Condo
Sub Type CondoTel
Listing Status Sold
Purchase Type For Sale
Square Footage 750 sqft
Price per Sqft $421
Subdivision Cascade Village
MLS Listing ID 789268
Sold Date 02/22/22
Bedrooms 1
Full Baths 1
Year Built 1983
Annual Tax Amount $380
Tax Year 2020
Property Description
Well cared for and welcoming home away from home. 1 bedroom 1 bath condo at Cascade Village Resort with rock fireplace for the mountain experience, 1 car garage parking, ski /owners storage closet. Contact agent for details regarding Short Term Rental History. Successful income in addition to owner's use. Similar units rent for $75.00 to $120 per night, with a recent comparable unit (working the low rate, high occupancy ratio strategy) which yield more than 25,000 in gross rents last year. Depending upon the season there is both onsite and off site vacation management options available. Price shall include furnishings. Interior finish has Rustic Mountain interior ascents. The monthly HOA fee pays for the cable TV, internet, phone, fire wood, snow removal, trash, sewer, insurance, common area maintenance, capital contribution, and the club house with pool and hot tubs open 24 hours a day. Grizzly Peak provides the central water service, and the electrical service is separately metered and paid by each unit individually.
Location
State CO
County San Juan
Interior
Furnishings Furnished
Exterior
Garage Carport
Garage Spaces 1.0
Waterfront No
Building
New Construction No
Schools
Elementary Schools Animas Valley K-5
Middle Schools Miller 6-8
High Schools Durango 9-12
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