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18055 County Road G - Mobile Home Park and RV Park 1,064 SF Specialty Building Offered at $2,460,000 at a 10.78% Cap Rate in Ordway, CO 81063

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INVESTMENT HIGHLIGHTS

Mobile Home Park
Manufactured homes all owned by park

RV Park

EXECUTIVE SUMMARY

WOW! Outstanding business opportunity you cannot afford to miss! MOBILE HOME PARK with attached RV PARK. Mobile home park features 30 spaces, 18 currently in place and rented. All mobile homes are owned by park and feature the following: metal roofs, gutters & down spouts, insulated & metal skirting, central air, fenced yards with storage sheds. RV park features 29 spaces, most are occupied. Amenities coin operated laundry room with 2 washers and 2 dryers, utility rooms with two new water heaters and mop sink, and three separate bathrooms; two of the four have walk in showers, one of which is handicap accessible. All have codes to access and are secure. Next door to these amenities, is the perfect place for an on site manager. The main office is attached to a living space that features 3 bedrooms and 1 bathroom with an open concept living and kitchen area. Huge pole barn with overhead doors on site. Plus, 10 acres of unimproved space for expansion and even more opportunity! Seller has access to more mobile homes if buyer wants to purchase. OWNER CARRY OPTION: 20% down at 6.5% for 15 years. Buyer is to verify ALL info. For questions, contact the listing agent, Lacey A. McCarthy RE/MAX Associates, 719-252-4050.

Plat Map

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$265,260	$249.30
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$265,260	$249.30
Taxes	-	-
Operating Expenses	$21,180	$19.91
Total Expenses	$21,180	$19.91
Net Operating Income	$244,080	$229.40

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual	$265,260
Annual Per SF	$249.30

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$265,260
Annual Per SF	$249.30

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	$21,180
Annual Per SF	$19.91

Total Expenses
Annual	$21,180
Annual Per SF	$19.91

Net Operating Income
Annual	$244,080
Annual Per SF	$229.40

PROPERTY FACTS

Price	$2,460,000	Building Class	C
Price Per SF	$2,312.03	Lot Size	21.60 AC
Sale Type	Investment	Building Size	1,064 SF
Cap Rate	10.78%	No. Stories	1
Sale Conditions	Bulk/Portfolio Sale Business Value Included	Year Built/Renovated	2017/2025
Property Type	Specialty	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Residential Income Multifamily Manufactured Housing Mobile Home Park
Zoning	A - Zoned commercial and residential.

Price	$2,460,000
Price Per SF	$2,312.03
Sale Type	Investment
Cap Rate	10.78%
Sale Conditions	Bulk/Portfolio Sale Business Value Included
Property Type	Specialty
Property Subtype	Residential Income Multifamily Manufactured Housing Mobile Home Park
Building Class	C
Lot Size	21.60 AC
Building Size	1,064 SF
No. Stories	1
Year Built/Renovated	2017/2025
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	A - Zoned commercial and residential.

Property Manager on Site

Air Conditioning

Smoke Detector

ABOUT 18055 COUNTY ROAD G , ORDWAY, CO 81063

WOW! Outstanding business opportunity you cannot afford to miss! MOBILE HOME & RV PARK. 31 mobile home spaces, 18 mobile homes currently in place, 14 vacant slots ready to go. All mobile homes are owned by park and are complete renovated. They feature the following: metal roofs, gutters & down spouts, insulated & metal skirting, central air, fenced yards with storage sheds. 28 RV spaces. There are 2 park owned RVs. Office building on site with attached 3 bed 2 bath living space connected to amenity building. Amenity building includes laundry room with coin operated washers and dryers, utility rooms with two new water heaters and mop sink, and three separate bathrooms; two of the four have walk in showers, one of which is handicap accessible. All have codes to access and are secure. Huge pole barn with overhead doors on site. All equipment/machinery on site is negotiable. Plus, 10 acres of unimproved space for expansion and even more opportunity! Property line starts behind JR's Country Store and goes back to the ditch. Acreage is for combined parcel numbers 10802148 and 10802482. Expenses are extremely low! Property is exempt from 120-day waiting period and can close ASAP! Seller will continue to renovate / add homes until sold, reflecting price increase.

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