757 County Road 308 - Manufactured Housing/Mobile Housing FOR SALE


Dumont, CO 80436
$895,000 USD
720-683-0399
757 County Road 308, Dumont, CO for Sale
$895,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/7
null | 9.58% Cap Rate

757 County Road 308
Dumont, CO 80436


HIGHLIGHTS

  • 50,000+ VPD
  • NOI (Current): $85,702. Current CAP Rate: 9.58%.
  • Located in Dumont On High Traffic I-70 Frontage Road Between Denver and Ski Resorts
  • All Units Park-Owned
  • Redevelopment Opportunity
  • Well Water, City Sewer, Xcel Power

OVERVIEW

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 $117,180 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://oedit.colorado.gov/enterprise-zone-program Website Link: https://www.hoffleigh.com/listing/757-county-road-308/ For more info please text/call Michael Crawford (720) 683-0399 or Brandon (715) 512-0265 Key Details: For Sale $895,000 Current Gross Income: $117,180 NOI: $85,702 (Including 8% Management Fee) Current Cap Rate of 9.58% (Proforma Cap Rate 11.35%) 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

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$165 USD /SF

# OF UNITS

6

PRICE/UNIT

$149,167

CAP RATE

9.58%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.75 AC

LAND SF

119,616 SF

ZONING

C-1

APN/PARCEL ID

1835-302-00-043

ASK ABOUT THIS PROPERTY

Michael CrawfordHoff & Leigh DenverMore Info
720-683-0399

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Michael CrawfordHoff & Leigh DenverMore Info
720-683-0399

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