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757 County Road 308 6 Unit Mobile Home Park $945,000 ($157,500/Unit) 8.83% Cap Rate Dumont, CO 80436
Investment Highlights
- 50,000+ VPD
- Located in Dumont On High Traffic I-70 Frontage Road Between Denver and Ski Resorts
- Redevelopment Opportunity
- Proforma Cap Rate 11.86%
- All Units Park-Owned
- Well Water, City Sewer, Xcel Power
Executive Summary
Hoff & Leigh brings you a highly profitable mobile home park and covered land play with I-70 frontage and over 50,000 cars per day! The property is 100% leased with annual lease agreements and rent increases; the property currently generates $120,012 in annual gross income with potential for increased growth. Recent renovations including a new roof on the cabin have the property primed and ready for a hands-off investor to collect income.
The property has 6 units, all units are owned by the Park Owner. As a covered land play, zoning allows for a variety of uses including restaurant, retail, office, and industrial. A short 40 min drive to downtown Denver and to the major ski resorts makes this park ideal for ski town workers, long-term rentals or short-term rentals. Call us today to take advantage of this rare opportunity!
The property has 6 units, all units are owned by the Park Owner. As a covered land play, zoning allows for a variety of uses including restaurant, retail, office, and industrial. A short 40 min drive to downtown Denver and to the major ski resorts makes this park ideal for ski town workers, long-term rentals or short-term rentals. Call us today to take advantage of this rare opportunity!
Property Facts
| Price | $945,000 | Apartment Style | Garden |
| Price Per Unit | $157,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.75 AC |
| Cap Rate | 8.83% | Building Size | 5,422 SF |
| Sale Condition | Redevelopment Project | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | C-1 | ||
| Price | $945,000 |
| Price Per Unit | $157,500 |
| Sale Type | Investment |
| Cap Rate | 8.83% |
| Sale Condition | Redevelopment Project |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.75 AC |
| Building Size | 5,422 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1971 |
| Zoning | C-1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 3+1 | 1 | - | - |
| 3+2 | 2 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Property Taxes
| Parcel Number | 1835-302-00-043 | Improvements Assessment | $320 |
| Land Assessment | $0 | Total Assessment | $320 |
Property Taxes
Parcel Number
1835-302-00-043
Land Assessment
$0
Improvements Assessment
$320
Total Assessment
$320
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