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Browse More Listings in Multifamily For Sale, La Junta, CO or Colorado

Multifamily Property - Off Market

Two Trailer Parks, 71 units

27650 w. US 50, La Junta, CO 81050

Price:
N/A
No. Spaces:
71
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
15.30%
Occupancy:
92%
Lot Size:
11 AC

Last Verified 4/29/2009 Listing ID 15968347

Description

Two trailer parks in La Junta Colorado, 1/4 mile from each other. Cherry Hills (37 spaces) and Hillside ( 34 Spaces)Trailer park. Cherry Hills offers direct access to US 50 and is next door to a Mcdonalds, Great opportunity for retail development. Hillside offers 2 acres that are undeveloped, Cherry Hills 15 %cap=$400,000. )) Hillside @ 15 cap $ 350,000.00, manager is on site

Cherry Hills is 3.5 acres on with access to US 50. Hillside is 6.5 acres of which only 4 are currently used.
THE INCOME NUMBERS DO NOT INCLUDE VACANT LOT SPACES, SO THERE IS PLENTY OF OPPORTUNITY TO IMPROVE. financial data is on this web page.

Map of 27650 w. US 50, La Junta, CO 81050 (Otero County)

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Created 10/30/2008

Additional Information for 27650 W Us Highway 50, La Junta, CO 81050

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Two Trailer Parks, 71 units

27650 w. US 50, La Junta, CO, 81050