Ask Gary Hubbell
Rare opportunity to acquire a fully turnkey four-cabin short-term rental compound in Olathe — being offered together at auction this month. The portfolio carries a three-year track record of verified Airbnb and VRBO income, with all financials documented through QuickBooks and available to qualified buyers under NDA. Notably, the seller has retained one of the four cabins for personal use during the most recent operating years, meaning new ownership steps into an established, income-producing operation with an immediate 33% revenue-expansion opportunity built in from day one. Diversified booking-platform exposure, proven seasonal demand, and operating expenses dominated by financing costs (which a cash buyer can eliminate entirely) make this a compelling acquisition for STR operators, 1031-exchange buyers, and lifestyle investors alike. Full income statements, transaction-level ledgers, and a four-cabin pro forma will be furnished upon execution of a non-disclosure agreement and verification of proof of funds. Serious inquiries only.
Set on 40.5± serene acres in Colorado's Western Slope, this exceptional property features four beautifully designed guest homes perfect for short-term rentals, multi-family use, or hosting guests in a peaceful country setting. Built in 2021 by renowned custom builder Kuboske Construction, these homes combine modern comforts with rustic charm, offering an ideal retreat just minutes from Olathe, Montrose, and Delta.
The homes are located on 40 acres on the southern end of the ranch, accessible via a scenic drive over a new bridge crossing the UVWUA canal. This private, peaceful location is ideal for guests seeking a country escape, yet remains close to amenities in nearby towns.
Each home is thoughtfully designed with high-quality finishes and functional layouts. The two different floor plans provide comfortable living spaces, each featuring two bedrooms and two bathrooms. Open-concept kitchens and living areas make these homes ideal for relaxing or entertaining.
The outdoor spaces are equally inviting, with concrete patios overlooking the surrounding landscape. Each home is equipped with a private hot tub and a fire pit, creating the perfect spot for guests to unwind under the starry Colorado skies.
Montrose County is known for its supportive short-term rental climate, offering a streamlined permitting process and a thriving demand for rural vacation properties. These guest homes have proven to be highly successful as short-term rentals, consistently delivering excellent occupancy rates and strong financial performance on platforms like Airbnb. The peaceful, private setting and modern amenities make these properties especially appealing to travelers seeking unique accommodations in a stunning Colorado location.
Utility infrastructure is top-notch, with Tri-County domestic water and individual septic systems for each home. There is a water sharing agreement to irrigate the landscaping from the UVWUA canal. The mini-split heating and cooling systems ensure energy efficiency and comfort in all seasons.
Whether you're looking to expand a short-term rental business, accommodate guests, or enjoy multi-family living, this offering is a rare opportunity. With their exceptional design, modern amenities, and proven rental income, these guest homes are a standout feature of the property.
Schedule a showing today to experience these incredible homes and the surrounding 40 acres!