Lofts of Old Town Investment Opportunity

Highlights:

• +-5,000 SF building with 4 units (three residential condos and one storefront retail space).
• Fully operational and turnkey business opportunity with a separate fully leased commercial unit.
• Hard corner location in the heart of Old Town Cottonwood
• 2 active short-term vacation rentals and 1 available for immediate owner-occupancy or leased similarly
• Absolute turnkey investment opportunity with all FF&E included
• Low management overhead
• Highly desirable location in the blossoming community of Cottonwood
• Potential for portfolio diversification
• Averages nearly $150k in gross annual sales with value-add
• NDA for financials and lease information
• All assets, tradename, accounts, contracts, convey as desired

Description:

A modern masterpiece within an Old Town setting. Featuring the Lofts of Old Town, an absolute turnkey mixed-use business and real estate investment opportunity, situated in the heart of vibrant Old Town Cottonwood. Constructed in 2020, this two-story work- of-art contains three high-end luxury residential vacation rentals and a ground level storefront retail suite, fully leased. Pride of ownership abounds as the condition of the condos is amazingly immaculate, down to the most miniscule detail. The property features two, 2bd/2 full bath units approximately 1,350 sf each in size, a spacious 1,100 sf 1 bd/1 ba luxury unit, and a 900 sf storefront retail space with a brand new tenant. Each unit is self-contained with its own unique theme, with the type of careful precision found only in the most luxurious homes. The property shows spectacularly well (only a intimate tour or stay will properly justify), with repeat guests fawning over the comfort, location, and amenities provided. The revenue stream follows the gleaming reviews. There are very few comparable investment properties on the market--in terms of impeccable presentation and income generation--one that allows a live-work arrangement (as the sellers had previously done with a turn-key arrangement), a passive investment with the business operating fluidly without hands-on involvement, or a combination of the two. The sellers have done the hard part--creating a masterpiece from the ground up and a thriving business venture to compliment the design. Now it's your turn to do the easy part...take the keys and OWN this truly rewarding and enriching enterprise.


Thriving mixed-use corridor in the heart of Old Town Cottonwood.

Electric, city utilities, master meter

Retail, hospitality, restaurant, mixed-use setting along Main St.

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