108 6th St - Manufactured Housing/Mobile Housing FOR SALE


Gilcrest, CO 80623
$1,450,000 USD
303-669-2475
108 6th St, Gilcrest, CO for Sale
$1,450,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/7
null | Request Cap Rate

108 6th St
Gilcrest, CO 80623


HIGHLIGHTS

  • Fully stabilized 21-pad mobile home park with 100% occupancy.
  • All homes are tenant-owned, significantly reducing ongoing expenses for ownership.
  • Situated on a 2.238-acre site in Gilcrest, offering convenient access to major Northern Colorado highways.
  • Below-market rents allow clear revenue growth through mark-to-market strategies.
  • Benefits from a strong demand for affordable housing and limited competing supply in the region.
  • Supports long-term income stability backed by a dependable tenant base.

OVERVIEW

108 6th Street presents a rare opportunity to acquire a fully stabilized 21-pad mobile home park in Gilcrest, Colorado. The property operates at 100% occupancy with all homes tenant-owned, delivering dependable income while minimizing operational complexity and ownership responsibilities. This tenant-owned structure significantly reduces ongoing maintenance and capital expenditures, making the investment particularly attractive for passive investors and seasoned operators alike. Current rents trail the market by roughly 25%, creating an appealing pathway for revenue growth through incremental mark-to-market adjustments. This upside combines with a strong, reliable resident base and the resilient demand for affordable housing in Northern Colorado. Economic expansion, consistent population growth, and a limited supply of such communities further reinforce the long-term investment prospects. Positioned within the Northern Colorado region with nearby access to U.S. Highway 85, the park benefits from regional connectivity and proximity to Greeley, Fort Collins, and the greater Denver metropolitan area. Coupled with its low-maintenance structure and stable income, this asset offers compelling short- and long-term potential for investors seeking predictable cash flow and equity growth.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$36 USD /SF

# OF UNITS

21

PRICE/UNIT

$69,048

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.24 AC

LAND SF

97,574 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David BarocasPinnacle Real Estate AdvisorsMore Info
303-669-2475

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David BarocasPinnacle Real Estate AdvisorsMore Info
303-669-2475

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.