Welcome to Estes Park Real Estate Services by Eric Blackhurst
Serving Residential and Commercial Customers since 1986
(970) 586-2950 (o) (970) 215-2625 (c)
Residential, Commercial, Vacant Land Sales and Leases
Experience is Everything and Experience Really Matters
If you have questions about Estes Park, affordability, credit, legal matters, market conditions, or market trends, I can help you find what you need. I'll make sure you feel confident and educated every step of the way.
The Right Price, Always
Condo or mansion? Retail space, commercial building or lodging property? I'll find it and work to get it for you at fair price. Fixer-uppers? Luxury? I can help with all of it. Let's get started. Call me today.
I work with both Buyers & Sellers
Whether you’re buying, selling, or renting Estes Park, Colorado real estate, I'm here to support you and guide you through to the process to a successful closing. It is my goal to ensure you have the best experience possible. It’s what I do.
Ready to Take the Leap?
Looking for the perfect business opportunity or Commercial Property?
What am I buying? Transactions involving commercial properties and business opportunities are significantly different from residential transactions. The value of a property is not based on views or square footage or number of bedrooms. Rather value is based upon earned income and/or the potential for earning additional income. It is also based upon zoning, longevity of the operation, competition in the area and a host of other factors that contribute to the ongoing success of a commercial enterprise.
What is it worth? Good Question. That depends on the type of business. For example, when a prospective buyer is looking at something such as the lodging property above, typical industry standards provide the expectation that the net rate of return will be somewhere around 10 percent of the purchase price. That is because this property is a limited service lodging property only serving breakfast. If it were a full service property with a restaurant and bar the expectations is that the rate of return would be about 6 to 7 percent rate of return. However, the net revenues would be much higher and therefore have a larger purchase price.
Under Contract in 30 days
This lodging property along Highway 34 in Estes Park was under contract in 30 days. It took several months to work through all of the details of inspections, appraisals, mortgage financing, surveys, title work and closing instructions.
What you need is an experienced Broker and Team to assist in you as a Buyer or Seller through all of the tedious details of a complicated transaction. Whether it is a large commercial property or a small retail operation, experience matters and you will find that experience with Eric Blackhurst and Anderson Realty and Management.
Fire Mountain Lodge
Colorado Rocky Mountain Lodge Property
Located five miles east of Estes Park, the gateway to Rocky Mountain National Park and its 4.5 million annual visitors, this 38.9 acre property has provided travelers food, lodging and a place in which to play and relax. Recently the property was a rehab center for troubled youth. The main lodge has 18 rooms with baths, a large foyer for relaxing, and a commercial kitchen with dining/meeting room. Owner reports 4 buildings have 21,988 square feet of finished living spaces, 2 septic systems and 2 wells. County says the property could be divided into 10-acre parcels. This property must be seen to be appreciated. Want more details? Try the link below and go to MLS # 954960