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12-Unit Mobile Home Park
For Sale
$1,850,000

408 NW 8th Street #1-12, Cedaredge, CO 81413

Park-owned homes with renovated grounds and three newly added units support an established residential income property.

Property Size10,500 SF
Price / SF$176.19
Days on Market8

Property Features for 408 NW 8th Street #1-12

General Information

Standard status Active
Size 10,500 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
Listing Agency: Grand Mesa Real Estate Services
Listed By: Lucinda Stanley · License #5643
Source: Destinationdro
Added: Aug 22 Changed: Aug 28 Last Checked: Aug 28 at 9:08PM

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 park-owned homes and accompanying grounds at 408 NW 8th Street in Cedaredge, Colorado. Nine units and the grounds were renovated over the last 24+ months, while three brand-new units were added on previously vacant lots in 2026. The original construction dates for the nine renovated homes range from 1966 to 1983, with the properties subsequently modernized.

The community is positioned in Cedaredge at the foot of Colorado’s Grand Mesa, within a mountain-town setting surrounded by orchards, vineyards, and scenic trails. Grand Junction, Delta, and Montrose are identified as nearby employment centers. All 12 units are currently leased, providing an established operating profile for the park.

Key Highlights

  • 12‑unit mobile home park with park‑owned homes
  • All 12 units are leased
  • Nine units and the grounds renovated over the last 24+ months

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Law Firm HVAC Service Hair Salon Grocery & Convenience Store Furniture & Home Goods Bakery

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

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

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

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 - Park-owned homes with renovated grounds and three newly added units support an established residential income property.
Where is this mobile home & rv park located?
The property is located at 408 NW 8th Street #1-12 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; All 12 units are leased; Nine units and the grounds renovated over the last 24+ months
More about this property
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