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460 E Colfax Ave Bennett, CO 80102

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For Sale
$2,735,000

Multiple income streams in Bennett with significant growth potential.

Property size:
16,150 SF
Lot size:
1.32 Acres

Property Features for 460 E Colfax Ave

General Information

Standard status
Active
Size
16,150 SF
Lot size
1.32 Acres

Building Details

Year built
1940

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Listing Contact
Matt Brinkhoff
Matt Brinkhoff
Source: Corcoran

Listing Agency: COLDWELL BANKER REALTY 24 Listing Agent: Matt Brinkhoff

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Turnkey Investment Opportunity in Bennett

This property presents an opportunity to own multiple income streams in the growing town of Bennett. It features a 13-unit manufactured home community, which is turnkey with newer Champion homes built between 2017 and 2019. These park-owned homes are rented and included in the sale. Each unit is separately metered for gas and electric, and the community is served by city water and sewer, with each unit having a sub-meter system for individual water utility billing. The Champion manufactured homes are spacious, featuring a 1,150 sq ft, 2 bed/2 bath layout, with 2x6 exterior walls, smart siding, 50yr Malarkey Legacy shingles installed in 2021, and a two-car driveway directly in front of each unit. The property is registered with the Colorado Division of Housing Mobile Home Park Oversight Program (MHPOP) as Bennett Homes, MHP-003371. The gross operating income has increased 8.24% year over year, as of December 31, 2025. The property also includes 100 ft of high visibility frontage along E. Colfax Avenue with Town of Bennett commercial mixed-use zoning, offering the potential to develop an additional income stream. The approximately 1,200 sq ft 1940’s structure could be reimagined for future retail or as a convenient office. The property is located 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. The population in Bennett is projected to continue expansion at a 12% - 20% growth rate per year with projections through 7/1/2029. The property is conveniently located near Denver International Airport, Colorado Air Space Port, and the adjacent Data, Tech, and Industrial developments at Port Colorado Rocky Mountain Rail Park. The property has an in-place cap rate of 6.74% and a pro forma cap rate of 7.35%+ including professional management. The property includes additional land value with a water tap.
Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Bennett
County
Adams
State
Colorado
Longitude
-104.426573
Latitude
39.755746

FAQs

What type of property is this?
Mobile home & RV park - Multiple income streams in Bennett with significant growth potential.
Where is this mobile home & rv park located?
The property is located at 460 E Colfax Ave Bennett, CO.
What is the asking price?
The asking price for this property is $2,735,000.
What are key features of this property?
This property features: - Turnkey 13-unit manufactured home community with newer (2017-2019) park-owned Champion homes.; - High-visibility frontage on E. Colfax Avenue with commercial mixed-use zoning.; - Strong income growth with attractive in-place (6.74%) and pro forma (7.35%+) cap rates.
More about this property
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