910 Memorial Dr - Manufactured Housing/Mobile Housing FOR SALE


Cortez, CO 81321
$1,200,000 USD
970-570-9051
910 Memorial Dr, Cortez, CO for Sale
$1,200,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/36
null | Request Cap Rate

910 Memorial Dr
Cortez, CO 81321


OVERVIEW

Discover a rare opportunity to own a well-positioned mobile home park in the heart of Cortez, Colorado. Surrounded by the stunning landscapes of Southwest Colorado and located near Mesa Verde National Park, this property offers investors a steady income opportunity in a community with ongoing demand for affordable housing. The park features established infrastructure, convenient access, and a desirable location close to shopping, dining, schools, medical services, and outdoor recreation. Residents enjoy the small-town atmosphere of Cortez while being minutes from hiking, biking, fishing, and the world-famous attractions of the Four Corners region. With existing rental income and potential opportunities for growth, this mobile home community is ideal for an investor looking to expand their portfolio or enter the manufactured housing market. The combination of location, housing demand, and Southwest Colorado’s natural appeal makes this property a standout opportunity. The tenants have individual metered water and natural gas. The MHP pays for the sewer, water and trash. This cost is passed along as part of the monthly rental fee. Trailer #3 is 8' x 40' and is owned by the tenant. The MHP has 17 mobile homes in their inventory that would go with the sale. Currently 15 are rented and the other 2 are being updated. Several of the currently rented trailers have been updated within the last 18 months. Cap rate doesn't include the rents for any RV spots. Trailer #3, RV spot #5 and RV spot #15, pay $350 per month. RV spots A-G pay $325 per month.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$16 USD /SF

# OF UNITS

20

PRICE/UNIT

$60,000

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

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

R010749

ASK ABOUT THIS PROPERTY

Jason WittCentury 21 West Slope RealtyMore Info
970-570-9051

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Jason WittCentury 21 West Slope RealtyMore Info
970-570-9051

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