Renovated Mobile Home
For Sale
$1,850,000
Pending
1-12-408 Nw 8th St, Cedaredge, CO 81413
Park-owned homes with full occupancy and recent unit additions support an established residential income property.
Property Size10,550 SF
Days on Market15
Property Features for 1-12-408 Nw 8th St
General Information
Standard status
Pending
Size
10,550 SF
Occupancy
100%
Net Operating Income
$159,000
Financials
Cap Rate
8.6%
Gross Income
$215,000
Additional Details
Multifamily Units
12
Taxes and HOA fees
Annual Taxes
$603
Listing Agency:
Grand Mesa Real Estate Services
(970) 512-3000
Listed By:
Lucinda Stanley · License #100029019
(970) 201-2152
Source:
Exprealty
Added: Aug 20
Changed: Sep 3
Last Checked: Sep 3 at 2:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grand Mesa Real Estate Services
Investment Insights
Based on property information with market context.
This 12-unit mobile home park includes homes owned by the park and was reported as fully leased. Nine existing units and the grounds underwent renovation during the past 24+ months, while three new homes were placed on previously vacant lots in 2026. The original construction dates for the nine renovated units range from 1966 to 1983, with updates bringing them to a modernized condition.
The property is located at 1-12-408 NW 8th St in Cedaredge, Colorado, near the foot of Grand Mesa. Cedaredge is described as a mountain community with agricultural surroundings, orchards, vineyards, scenic trails, and access to the employment centers of Grand Junction, Delta, and Montrose. The reported operating profile includes 100% leasing and an 8.6% CAP Rate.
The property is located at 1-12-408 NW 8th St in Cedaredge, Colorado, near the foot of Grand Mesa. Cedaredge is described as a mountain community with agricultural surroundings, orchards, vineyards, scenic trails, and access to the employment centers of Grand Junction, Delta, and Montrose. The reported operating profile includes 100% leasing and an 8.6% CAP Rate.
Key Highlights
- 12‑unit mobile home park with park‑owned homes
- 100% leased occupancy
- Nine units and the grounds renovated over the last 24+ months
Property Analytics
Current Use
Lease Details
12
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
Explore this area
Business Placement
Demographics for 81413, CO
5,271
Population
3,047
Households
1.7
Avg Household Size
59
Median Age
34%
College-Educated
93%
High-School Grad
153.5 sq mi
ZIP Area
34
Density / Sq Mi
$56,458
Median Household Income
$39,871
Median Earnings
$1,148
Median Rent
$329,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Park-owned homes with full occupancy and recent unit additions support an established residential income property.
Where is this mobile home & rv park located?
The property is located at 1-12-408 Nw 8th St Cedaredge, CO.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 12‑unit mobile home park with park‑owned homes; 100% leased occupancy; Nine units and the grounds renovated over the last 24+ months
