203 8th St - Manufactured Housing/Mobile Housing FOR SALE


Gilcrest, CO 80623
$350,000 USD
720-638-5401
203 8th St, Gilcrest, CO for Sale
$350,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/9
null | Request Cap Rate

203 8th St
Gilcrest, CO 80623


HIGHLIGHTS

  • Bite-sized $350K investment
  • 4-pad mobile home park with 3 park-owned homes, 1 apartment, and 1 vacant pad ready for an additional home
  • Immediate upside by placing a home on the existing vacant pad
  • Public water & sewer
  • Stable in-place cash flow with significant upside potential
  • Value-Add Opportunity presents Double-Digit Cap Rate Potential

OVERVIEW

Pinnacle Real Estate Advisors is pleased to present the exclusive listing of 203 8th Street, a clean, stable, and in-demand investment opportunity in Gilcrest, Colorado. The Property consists of a 4-pad mobile home park with three park-owned homes, a one-bedroom apartment, and the opportunity to add an additional rental unit, creating immediate value-add potential. All units are serviced by city water and sewer, reducing infrastructure risk and minimizing the maintenance concerns often associated with private utility systems. Located in the growing Northern Colorado market, the Property benefits from sustained demand for affordable housing and a limited supply of attainable housing options. Stable in-place income, diversified revenue streams, and the ability to increase future cash flow through an additional rental unit position the asset as an attractive investment opportunity. With its manageable size, public utility infrastructure, and location in a supply-constrained market, 203 8th Street offers investors dependable current income with meaningful upside potential.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$538 USD /SF

# OF UNITS

1

PRICE/UNIT

$350,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,450 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Van MyersPinnacle Real Estate AdvisorsMore Info
720-638-5401

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Van MyersPinnacle Real Estate AdvisorsMore Info
720-638-5401

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