12450 County Road 806
About This Property
There's a total of 8,476.27 deeded acres in Bent County and 4025.95 deeded acres in Otero County for a total deeded acreage of 12,502.22. There are 640 acres of Colorado State lease land, 8,127 acres of US Forest Service/Comanche National Grasslands grazing allotment, and 320 acres of private lease.
Headquarters have a newly remodeled and updated manufactured home with approximately 1232 sq. ft. plus an attached porch. The cozy home has 3 bedrooms, 2 baths, laundry room, living room and kitchen. The home was originally built in 2002 and is in good condition. Upgrades include a new metal roof, stucco exterior finish, new windows and deck. There is a detached 2 car garage with concrete floor and electric, a tack room, hay shed and livestock shed plus an extensive set of steel pipe corrals with a sorting ally, automatic waterers, a Silencer hydraulic squeeze chute, and a loading chute.
Five livestock wells are on deeded land are connected to 20 livestock tanks via buried pipeline. There is a separate well for the residence and one working solar well on the South end. There are two water wells connected to 13 tanks on the Comanche Grazing land. There are several natural springs and the Purgatoire river on the ranch.
Good fencing with a total of 12 different pastures on the deeded land and five pastures on the Comanche Grazing Permit, which allows for some rotational grazing and using pastures with more natural protection from winter storms during the wintertime.
There are gathering corrals throughout the ranch and a set of corrals with working facilities, including sorting pens, an alley and hydraulic squeeze chute on the north end of the ranch.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Dec 20, 2024 | Listed by HAYDEN OUTDOORS LLC | $10,600,000 | |
| Listed by HAYDEN OUTDOORS LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017