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- LoopNet Team
2400 Lake Ave
Pueblo, CO 81004
Shamrock MHP & Apartments · Multifamily Property For Sale
·
4,648 SF
INVESTMENT HIGHLIGHTS
- Located within the Pueblo Enterprise Zone
- Park owns majority of mobile homes.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Refrigerator
- Oven
- Carpet
ABOUT 2400 LAKE AVE , PUEBLO, CO 81004
Shamrock Mobile Home Park with Apartments in the Lake Minnequa area. Both properties at 2400 and 2435 Lake Avenue are being offered together for the list price. The properties contain a total of 1.46 acres and 34 income spaces: *14 park-owned homes * 11 studio apartments * 9 rental lots for mobile homes. Estimated 7% Cap Rate based on the list price by renting 14 mobile homes at $750-$1,000 per month, 11 apartments renting at $700-$925 per month and 9 lot only spaces renting at $475 per month with operating expenses of $94,607 and net operating income of $104,220. Of the 14 mobile homes, 4 are vacant and need repairs/renovation. There is also a single-family home at 2400 Lake that has income potential after remodel, along with the possibility of adding a few more mobile home lots to the existing space at 2435 Lake. Located within easy access to I-25, St. Mary-Corwin Hospital, Lake Minnequa outdoor activities, Wal-Mart, restaurants, and shopping. This property is being sold in compliance with Colorado Revised Statute 38-12-217.
PROPERTY TAXES
| Parcel Number | 1-5-13-2-44-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $39,360 |
PROPERTY TAXES
