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22825 CO-94 - Prairie Estates Mobile Home Park 100,000 SF Specialty Building Offered at $7,700,000 at a 8% Cap Rate in Calhan, CO 80808
INVESTMENT HIGHLIGHTS
- 99-Pads – 97 Tenant Owned on 172.94 Acres of Land
- Within a 13-Minute Drive of Schriever Air Force Base and 20-Minute Drive of Colorado Springs
- On-Site Water Supports up to 260 Pads
EXECUTIVE SUMMARY
The Kramer Group of Marcus & Millichap is pleased to present the exclusive listing for this manufactured housing park located at 22825 CO-94 Calhan, Colorado due East of Colorado Springs. This 99-pad park has been occupied since the 1970’s and has the opportunity for major expansion in a growing area. There is a total of 172.94 acres directly off Highway 94 within a 13-minute drive of Schriever Air Force Base making this an affordable space for military personnel. This area has been identified as an opportunity zone and has sprung the new Mayberry residential housing development and community business center. There is ample opportunity to continue to grow the mobile home park & increase cash flow. There is abundant water available with the compacity to support up to 260 pads or other uses. The HWY-94 frontage could be developed as commercial. The park has recently undergone a major cleanup process, current management has made improvements to the landscaping and overall park presentation.
PROPERTY FACTS Under Contract
| Price | $7,700,000 | Building Class | C |
| Price Per SF | $77 | Lot Size | 172.94 AC |
| Sale Type | Investment | Building Size | 100,000 SF |
| Cap Rate | 8% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1970 |
| Property Subtype | Trailer/Camper Park | ||
| Zoning | A-35 | ||
| Price | $7,700,000 |
| Price Per SF | $77 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 172.94 AC |
| Building Size | 100,000 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | A-35 |
AMENITIES
- Property Manager on Site
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $377,040 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$377,040
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22825 CO-94 - Prairie Estates Mobile Home Park
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