Mobile Home Park with Expansion
For Sale
Contact for pricing
67677 250th ST, Colo, IA 50056
40-unit mobile home park with tenant-owned homes, a rentable shop, and seven utility-equipped vacant lots.
Property SizeContact for details
Days on Market302
Property Features for 67677 250th ST
General Information
Standard status
Active
Class
C
Property subtype
Mobile Home Park
Occupancy
87%
Investment Type
Stabilized
Net Operating Income
$140,223
Additional Details
Cap Rate
8.5%
Building Details
Units
41
Listing Agency:
eXp Commercial
Listed By:
Phillip Li · License #2563988
Source:
Crexi
Added: Nov 11, 2025
Changed: Sep 2
Last Checked: Sep 8 at 7:20AM
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 eXp Commercial
Investment Insights
Based on property information with market context.
Lakeside Living Mobile Home Park is a 40-unit community in Colo, Iowa, offering 32 tenant-owned homes currently paying $440 per month. The property also includes a rentable 1,200 square-foot shop projected to generate $500+ per month. Seven vacant lots are already equipped with full infrastructure and utility hookups, supporting additional infill opportunities.
The seller has spoken with the county regarding developing the front and east sides of the park. Based on initial conversations, the town has been supportive, and the lagoon capacity can accommodate expansion. An operator may also be able to increase revenue by renting out the repair shop and adding new homes on the unused land to expand the community’s lot count.
The seller has spoken with the county regarding developing the front and east sides of the park. Based on initial conversations, the town has been supportive, and the lagoon capacity can accommodate expansion. An operator may also be able to increase revenue by renting out the repair shop and adding new homes on the unused land to expand the community’s lot count.
Key Highlights
- 40‑unit mobile home park in Colo, IA
- 32 tenant‑owned homes currently pay $440 per month
- Rentable 1,200 SF shop is projected to generate $500+ per month
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 50056, IA
1,388
Population
522
Households
2.7
Avg Household Size
42
Median Age
25%
College-Educated
97%
High-School Grad
60.9 sq mi
ZIP Area
23
Density / Sq Mi
$79,667
Median Household Income
$50,982
Median Earnings
$1,054
Median Rent
$184,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - 40-unit mobile home park with tenant-owned homes, a rentable shop, and seven utility-equipped vacant lots.
Where is this mobile home & rv park located?
The property is located at 67677 250th ST Colo, IA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 40‑unit mobile home park in Colo, IA; 32 tenant‑owned homes currently pay $440 per month; Rentable 1,200 SF shop is projected to generate $500+ per month
