Building Details

Building Size 3,574 SF

Listing Agency: Hoff & Leigh Show Phone

Listed By: Michael Crawford · License #FA100076473 Show Phone

Source: Hoffleigh

Added: Feb 28, 2022 Changed: Sep 11 Last Checked: Sep 14 at 5:09AM

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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 Hoff & Leigh

Investment Insights

Based on property information with market context.

This fully leased mobile home park offers a covered land opportunity with frontage on I-70, which sees over 50,000 cars per day. The property generates $119,466 in annual gross income and has potential for increased growth. Recent renovations include a new roof on the cabin. The property features 6 park-owned units: 5 mobile homes and 1 cabin. The total area of the units is 5,422 square feet, situated on a 1.359-acre lot. Located in Dumont, between Denver and ski resorts, the property is approximately 40 minutes from downtown Denver and major ski resorts. Zoning allows for a variety of uses including restaurant, retail, office, and industrial. The property has well water, city sewer, and Xcel electric/gas. It is currently at 100% occupancy with no vacancies.

Key Highlights

• High CAP Rate: Current 9.52% CAP rate with proforma 11.85% CAP.
• Significant Income: Generates $119,466 in annual gross income and $89,919 NOI.
• Fully Leased: 100% occupancy with annual lease agreements and rent increases.

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

81

Businesses Nearby

Explore this area Business Placement

Demographics for 80436, CO

541

Population

257

Households

2.1

Avg Household Size

47

Median Age

11%

College-Educated

89%

High-School Grad

17.5 sq mi

ZIP Area

31

Density / Sq Mi

$59,402

Median Household Income

$70,760

Median Earnings

$370,900

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this mobile home & rv parks located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Fully leased mobile home park with income growth potential.

Where is this mobile home & rv park located?

The property is located at 757 County Road 308 Dumont, CO.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: High CAP Rate: Current 9.52% CAP rate with proforma 11.85% CAP.; Significant Income: Generates $119,466 in annual gross income and $89,919 NOI.; Fully Leased: 100% occupancy with annual lease agreements and rent increases.