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Browse More Listings in Multifamily For Sale, Craig, CO or Colorado

Multifamily Property For Sale - In Contract

Cedar Pointe

430 East 4th Street, Craig, CO 81625

Price:
$700,000
No. Spaces:
32
Price/Space:
$21,875
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Commission Split:
1%
Cap Rate:
9.79%
Gross Rent Multiplier:
6.08
Occupancy:
95%
Lot Size:
2.30 SF
Find Out More...

Last Verified 10/23/2009 Listing ID 16291086

Description

Cedar Pointe Mobile Home Park is an all-ages, 32-space mobile home/RV community located several blocks from downtown Craig, Colorado. The City of Craig is the county seat and the most populous city of Moffat County, Colorado. The park encompasses 2.3 acres. The space mix includes 23 SW 4 DW and 5 RV spaces. Many of 32 spaces can accommodate double wide trailers although only four spaces are currently occupied by double wides. Cedar Pointe is operated by an off-site manger from a nearby location.

Near large power plant, tourism and oil & gas exploration.

Financial Summary

Actual
Net Operating Income
$64,890

Map of 430 East 4th Street, Craig, CO 81625 (Moffat County)

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Presented by

Marcus & Millichap Real Estate Investment Services

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Contact Listing Broker

Christian Child (801) 736-2600

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Created 6/23/2009

Additional Information for 430 E 4th Street, Craig, CO 81625

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
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.

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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 - Cedar Pointe

430 East 4th Street, Craig, CO, 81625