Renovated 12-Unit Mobile Home
For Sale
$1,850,000
Pending
408 NW 8th Street, Cedaredge, CO 81413
Park-owned homes are fully leased, with recent upgrades to nine units, the grounds, and three newly added homes.
Property Size87,120 SF
Days on Market52
Property Features for 408 NW 8th Street
General Information
Standard status
Pending
Size
87,120 SF
Property subtype
Multi-Family
Occupancy
100%
Net Operating Income
$159,000
Financials
Cap Rate
8.6%
Gross Income
$215,000
Additional Details
Multifamily Units
12
Building Details
Year Built
1966
Listing Agency:
Harder Real Estate And Development, LLC
Listed By:
Smart City Realty Colorado
(720) 504-0873
Source:
Smartcityrealtycolorado
Added: Aug 17
Changed: Oct 6
Last Checked: Oct 7 at 11:43AM
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 Harder Real Estate And Development, LLC
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
301
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 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 Street 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
