Bennett Homes & 460 E Colfax Avenue 475 Kiowa Ave 13 Unit Mobile Home Park $2,330,000 ($179,231/Unit) 6.87% Cap Rate Bennett, CO 80102

New Price! Opportunity to own multiple income streams in the growing town of Bennett. The 13-unit manufactured home community is turnkey with newer Champion homes (2017 to 2019), park-owned, rented, and included in the sale. Each unit is separately metered for gas and electric. The community is served with city water and sewer, each unit having a sub meter system for individual water utility billing. New water supply line, sewer line, electric and gas utilities infrastructure installed prior to new manufactured homes beginning in 2017. The Champion manufactured homes are a spacious 1,150 sq ft, 2 bed/2 bath layout, with 2x6 exterior walls, smart siding, 50yr Malarkey Legacy shingles (2021), and a two-car driveway directly in front of each unit. Registered with the Colorado Division of Housing Mobile Home Park Oversight Program (MHPOP) as Bennett Homes, MHP-003371. **Note: All units are park-owned** (Gross operating income has increased 6.76% year over year, as of March 31, 2026 T12.)
Develop an additional income stream with 100 ft of high visibility Colfax Ave frontage and commercial mixed-use zoning. Reimagine the approximately 1,200 sq ft 1940’s structure: a convenient location and great visibility for your growing enterprise? Primary uses for the Colfax Ave frontage location are: Retail and convenience stores, restaurants, personal and business services, and professional offices.
Invest in an area that has experienced a notable population increase since 2020, with an average annual growth rate of 8.7% in the Town of Bennett. (Source: Town of Bennett publication, November 2024.) Convenient location to Denver International Airport (Top 4 busiest airport in the U.S. by 2025 passenger count), Colorado Air & Space Port, and the adjacent Data, Tech, and Industrial developments at Port Colorado & Rocky Mountain Rail Park.
• Bennett Homes: 13-Unit Manufactured Home Community = $2,200,000. ($169,230. per unit)
Year 1 Cap Rate: 7.27% + (including professional management)
• 460 E Colfax Avenue = $225,000.
Additional Land Value with 100 ft high-visibility frontage, water tap, & 1940's structure.
• Total = $2,425,000.
**List Price: $2,330,000. **