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713 W Prosser Rd
Cheyenne, WY 82007
Colonial Mobile Home Park · Multifamily Property For Sale
·
22,000 SF
PROPERTY FACTS
| No. Units | 22 | Building Size | 22,000 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1970/1972 |
| Building Class | C | Parking Ratio | 0.9/1,000 SF |
| Lot Size | 4.98 AC | ||
| Zoning | MR | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.98 AC |
| Building Size | 22,000 SF |
| Average Occupancy | 86% |
| No. Stories | 1 |
| Year Built/Renovated | 1970/1972 |
| Parking Ratio | 0.9/1,000 SF |
| Zoning | MR |
ABOUT 713 W PROSSER RD , CHEYENNE, WY 82007
My wife and I are selling one of our mobile home parks. We are looking to downsize our lives and this could be your opportunity. Whether to expand your existing rental portfolio, or to get into the mobile home park investor community. We can be contacted directly to answer any questions, or to setup a time to view the park and meet the owners. Mobile Home Park Details: Name: Colonial Mobile Home Park Address: 713 W. Prosser Rd, Cheyenne, WY 82007 Price: $910,000 Community Type: All ages Number of Lots: 22 Current Occupancy: 86% (19 Mobile Homes) Average MH Lot Rent: (Tenant Owned) $325 Average MH Rent: (Rental Units) $768.75 Animal Fees: $25 Per Dog Size: 4.98 Acres Gross Income: $109,800 Current Monthly Rent Roll: $9,150 Market Cap Rate: 10% Purchaser will need to have financing in place and we will NOT consider owner financing. The property consists of a rectangular shaped tract of land that has two entrances, the 1st off of Walterscheid Blvd and the 2nd off of West Prosser Rd. The property is zoned and used as a manufactured home park with a total of 22 spaces and 1 out building. Currently 19 homes are occupied with a mix of 15 tenant owned and 4 rentals properties. We have moved an additional mobile home into the park and it is in the process of getting the certificate of occupancy from the County of Cheyenne. There are 2 lots that are vacant. There is an additional (approximately) ½ acre that has not been developed. It could be used for additional mobile homes (Estimated 8 units) or it could be fenced and used as a storage facility for RV's, Boats, or vehicle storage. The mobile home park is connected to county sewer and water provided by South Cheyenne Water and Sewer. Master billed to owners and we direct bill tenants for water and sewer usage using the RUBS process, with approximately 90% recaptured. Blackhills energy provides electric and natural gas utilities and are billed directly to tenants. Owners provided trash services which is included in lot rent. Each home lot has off-road parking and a fenced yard. There are mature trees around the property with a well maintained road. Contact Information: Robert Langius (970) 797-2020
PROPERTY TAXES
| Parcel Number | 1-1081-0057-0002-0 | Improvements Assessment | $1,336 |
| Land Assessment | $21,301 | Total Assessment | $22,637 |
PROPERTY TAXES
