Hoff & Leigh brings you a highly profitable mobile home park and covered land play with I-70 frontage and over 50,000 cars per day! The property is 100% leased with annual lease agreements and rent increases; the property currently generates $120,012 in annual gross income with potential for increased growth. Recent renovations including a new roof on the cabin have the property primed and ready for a hands-off investor to collect income.
The property has 6 units, all units are owned by the Park Owner. As a covered land play, zoning allows for a variety of uses including restaurant, retail, office, and industrial. A short 40 min drive to downtown Denver and to the major ski resorts makes this park ideal for ski town workers, long-term rentals or short-term rentals. Call us today to take advantage of this rare opportunity!
Enterprise Zone Property: https://www.hoffleigh.com/listing/757-county-road-308/
For more info please text/call Michael (720) 683-0399 or Brandon (715) 512-0265
Key Details:
For Sale $945,000
Current Gross Income: $120,012
NOI: $83,490 (Including 8% Management Fee and 2025 Additional Expenses)
Current Cap Rate of 8.84% (Proforma Cap Rate 11.86%)
6 units total: 5 mobile homes and 1 cabin (All Park-Owned, new roof on cabin in 2023)
5,422sf
1.359 acre lot situated in Dumont between Denver and Ski resorts
Well Water, City Sewer and Xcel Electric/Gas
100% occupancy, No vacancies