Introducing Ski Butlers - STNL Retail Investment, an exceptional opportunity located at 78415 US Highway 40, Unit 204 in Winter Park, Colorado. This retail condo unit is part of the newly renovated Apres Winter Park development, a bustling hub in the heart of downtown Winter Park. Boasting a prime location and favorable zoning, this 1,944 sq/ft unit comes with a strong tenant lease in place, generating $52,516 NOI. The tenant, Ski Butlers Holding, LLC, is a subsidiary of Alterra Mountain Company, a renowned family of 15 year-round mountain destinations. Ski Butlers is a global leader in ski and snowboard rental delivery, serving over 50 resorts worldwide. With a focus on convenience and exceptional service, Ski Butlers ensures a hassle-free rental experience. This NNN lease investment opportunity offers a purchase price of $849,500, an initial cap rate of 6.06%, and a 5-year lease term with additional options. The property's attractive 8.89% 5-year cash IRR adds to its appeal for astute investors. Don't miss out on this chance to own a prime retail investment in Winter Park. Discover the potential of Ski Butlers - STNL Retail Investment at 78415 US Highway 40, Unit 204.
Seller will finance WAC & terms