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Manufactured Housing Community
For Sale
$495,000

1001 S 1st St, Lamar, CO 81052

35-pad manufactured housing community with 21 occupied lots and 14 vacant lots, with utilities billed directly to tenants.

Property SizeContact for details
Days on Market52

Property Features for 1001 S 1st St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 60%

Additional Details

Utilities to Site Yes
Listing Agency: Pinnacle Real Estate Advisors
Listed By: Ellie Stanton · License #100110206
Source: Pinnaclerea
Added: Jul 24 Changed: Aug 31 Last Checked: Sep 13 at 9:20AM

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 Pinnacle Real Estate Advisors

Investment Insights

Based on property information with market context.

1001 S 1st St is a manufactured housing community with 35 pads, including 21 occupied lots and 14 vacant lots. The property is presented as having stable in-place occupancy, with additional value-add opportunity identified through lease-up of the vacant pads.

The community is located in Lamar, Colorado. According to the provided remarks, many of the homes are tenant-owned, which the advisor notes can reduce operational intensity, and all utilities are directly billed to tenants.

For buyers and brokers evaluating residential income or manufactured housing communities, the current mix of occupied and vacant pads provides a clear picture of existing occupancy and the immediate leasing focus for the unoccupied lots.

Key Highlights

  • 35‑pad manufactured housing community in Lamar, CO with 21 occupied lots and 14 vacant lots
  • Stable in‑place occupancy with consistent demand for affordable housing
  • All utilities are directly billed to tenants

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Real Estate Agency Garden Center Kitchen & Bath Showroom Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

60%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

Demographics for 81052, CO

9,142
Population
4,062
Households
2.3
Avg Household Size
37
Median Age
19%
College-Educated
86%
High-School Grad
675.4 sq mi
ZIP Area
14
Density / Sq Mi
$62,729
Median Household Income
$32,336
Median Earnings
$841
Median Rent
$150,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - 35-pad manufactured housing community with 21 occupied lots and 14 vacant lots, with utilities billed directly to tenants.
Where is this mobile home & rv park located?
The property is located at 1001 S 1st St Lamar, CO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 35‑pad manufactured housing community in Lamar, CO with 21 occupied lots and 14 vacant lots; Stable in‑place occupancy with consistent demand for affordable housing; All utilities are directly billed to tenants
More about this property
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