722 E 3rd St - Manufactured Housing/Mobile Housing FOR SALE


Florence, CO 81226
$4,500,000 USD
702-686-1952
722 E 3rd St, Florence, CO for Sale
$4,500,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/13
null | 4.8% Cap Rate

722 E 3rd St
Florence, CO 81226


HIGHLIGHTS

  • Strong Value-Add Opportunity: The park offers immediate upside through infilling vacant pads, increasing rents to market rates, and operational improv
  • Desirable Unit Mix: The community has a stable mix of tenant-owned homes and park-owned homes, providing reliable cash flow and flexibility to increas
  • Below Market Rents: Current lot rents are significantly below market averages in the Florence/Cañon City area, presenting a clear opportunity for rent
  • Public Utilities: The park is serviced by city water and sewer, which reduces maintenance and risk typically associated with private utility systems.
  • Attractive Location: Located in the growing town of Florence, CO, which is known for its historic downtown, antique shops, and proximity to outdoor at
  • Proximity to Employment Hubs: The park is just minutes from Cañon City and less than an hour from Colorado Springs, offering convenient access to empl

OVERVIEW

Alpine Village Mobile Home Park is a small, all-ages manufactured housing community located at 722 E. 3rd Street in Florence, Colorado. This peaceful park has approximately six individual pad sites and is located in the charming, historic town of Florence, within Fremont County. The property has a quiet residential atmosphere with wide paved streets, off-street parking, and a shared clubhouse. Approximately 20% of the homes are multi-section units, and about 60% feature peaked roofs and lap siding, reflecting a well-maintained tenant base. The park is pet-friendly, generally allowing one small pet per household. Located in IECC Climate Zone 5, Alpine Village benefits from a mild mountain climate and is conveniently situated near local water sources and recreational amenities, including parks and downtown attractions just a few miles away. The community is professionally managed, and residents appreciate the park's quiet setting and responsive management, with reviews averaging 3.4 out of 5 stars. For an investor, Alpine Village offers a straightforward and low-complexity opportunity with stable occupancy, consistent lot income, and potential for long-term value appreciation in a growing area of central Colorado.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$2,207 USD /SF

# OF UNITS

67

PRICE/UNIT

$67,164

CAP RATE

4.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alpine Village

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6 AC

LAND SF

261,360 SF

ZONING

-

APN/PARCEL ID

000099004157

ASK ABOUT THIS PROPERTY

Sammy DeebMHP BrokerageMore Info
702-686-1952

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Sammy DeebMHP BrokerageMore Info
702-686-1952

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