This Multifamily Property is no longer advertised on LoopNet.com.

1207 Mullins Ln
La Junta, CO 81050
The Meadows of Santiago · Multifamily Property For Sale · 653,400 SF

Investment Highlights

  • 100 Spaces With 85% Occupancy
  • All Direct Billed Utilities
  • Located in Opportunity Zone
  • Year 1 CAP Rate of 7.22%
  • Year 1 Cash-on-Cash return of 14.17% with proposed financing
  • 28 POH / RTO Homes Asking $15,000 Per Home (POH income not included in NOI calculations)

Property Facts

No. Units 100
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Lot Size 15.64 AC
Building Size 653,400 SF
Average Occupancy 85%
No. Stories 1
Year Built 1972
Zoning MHP - Zoned for MHP

Property Taxes

Property Taxes

Parcel Number
4643-102-15007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$36,275
  • Listing ID: 24269980

  • Date on Market: 10/11/2021

  • Last Updated:

  • Address: 1207 Mullins Ln, La Junta, CO 81050

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