Renovated 12-Unit Mobile Home
New
For Sale
$1,850,000
408 NW 8th St, Cedaredge, CO 81413
Park-owned homes are fully leased, with recent upgrades to nine units, the grounds, and three newly added homes.
Property Size10,550 SF
Days on Market3
Property Features for 408 NW 8th St
General Information
Standard status
Active
Size
10,550 SF
Property subtype
Commercial
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
$613
Building Details
Building Size
10,550 SF
Year Built
1966
Units
12
Listing Agency:
Tyler Donegan Duncan Real Estate Services, Inc.
(240) 436-6432
Listed By:
Chad Tyler · License #100053580
(240) 436-6432
Source:
Elliman
Added: Aug 17
Changed: Aug 18
Last Checked: Aug 18 at 7:56AM
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 Tyler Donegan Duncan Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This 12-unit mobile home park consists entirely of park- or seller-owned homes and is reported as 100% leased. Nine units and the surrounding grounds were renovated over the last 24+- months, while three brand-new units were added on previously vacant lots in 2026. The nine original homes date from 1966-1983 and were modernized through the renovation program.
The property is located at 408 NW 8th St in Cedaredge, Colorado, at the foot of Grand Mesa. Cedaredge is described as a mountain community near the employment centers of Grand Junction, Delta, and Montrose, with surrounding orchards, vineyards, and scenic trails. The property has a reported 8.6% CAP Rate based on in-place operations.
The property is located at 408 NW 8th St in Cedaredge, Colorado, at the foot of Grand Mesa. Cedaredge is described as a mountain community near the employment centers of Grand Junction, Delta, and Montrose, with surrounding orchards, vineyards, and scenic trails. The property has a reported 8.6% CAP Rate based on in-place operations.
Key Highlights
- 12‑unit mobile home park with park- or seller‑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
171
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Park-owned homes are fully leased, with recent upgrades to nine units, the grounds, and three newly added homes.
Where is this mobile home & rv park located?
The property is located at 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- or seller‑owned homes; 100% leased occupancy; Nine units and the grounds renovated over the last 24+- months
