12501 County Road 11.6
About This Property
840 deeded acres and 40 acres Colorado state lease, totally 880 acres situated along Horse Creek. The ranch features 1.7 miles of both sides of Horse Creek. A Horse creek runs seasonally, and has several year around springs and ponds. The ranch has very well sodded native grasses.
The 1919 originalA ranch home is a 3 bedroom, 1 bathroom, 1604 square foot ranch style home set in the towering creek bottomA cottonwood trees. A Though currently lived in, the home needs a lot of work. Also included is an historic turn of the century barn, corrals and a poleA building A shop. Theres a good water well and several springs and A ponds.A
Mule Deer hunting at its finest. The ranch holds trophy Mule Deer, Pronghorn, Merriam's Turkey, Coyote and Fox. The creek bottomA offers acres and acres to explore.
Operated as a cattle ranch, the property offers summer pastures, and winter cover for calving. Plentiful water and adequate facilities.
Seller owned mineral rights are included. For additional income, the ranch has a permitted operating gravel pit that is leased to and used by Lincoln County.
Sources of income include:
Cattle grazing
Gravel
Hunting
Located on the eastern plains of Colorado one hour due east of Colorado Springs near Rush and Punkin Center Colorado, the ranch has paved state highway access.
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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 30, 2023 | Sold | ||
| Sold | |||
| Oct 18, 2022 | Listed by HAYDEN OUTDOORS LLC | $1,126,000 | |
| Listed by HAYDEN OUTDOORS LLC | |||
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Brewer Ranch on Horse Creek is the kind youâ??re looking for! Features 1.7 miles of beautiful tree lined Horse Creek, good pasture, good cover, good water, a home and out buildings, and multiple income streams.
840 deeded acres and 40 acres Colorado state lease, totally 880 acres situated along Horse Creek. The ranch features 1.7 miles of both sides of Horse Creek. Â Horse creek runs seasonally, and has several year around springs and ponds. The ranch has very well sodded native grasses.
The 1919 original ranch home is a 3 bedroom, 1 bathroom, 1604 square foot ranch style home set in the towering creek bottom cottonwood trees.  Though currently lived in, the home needs a lot of work. Also included is an historic turn of the century barn, corrals and a pole building  shop. Theres a good water well and several springs and  ponds.Â
Mule Deer hunting at its finest. The ranch holds trophy Mule Deer, Pronghorn, Merriam’s Turkey, Coyote and Fox. The creek bottom offers acres and acres to explore.
Operated as a cattle ranch, the property offers summer pastures, and winter cover for calving. Plentiful water and adequate facilities.
Seller owned mineral rights are included. For additional income, the ranch has a permitted operating gravel pit that is leased to and used by Lincoln County.
Sources of income include:
Cattle grazing
Gravel
Hunting
Located on the eastern plains of Colorado one hour due east of Colorado Springs near Rush and Punkin Center Colorado, the ranch has paved state highway access.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017