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Bennett Homes Investment Opportunity
For Sale
$2,330,000

460 E Colfax Ave, Bennett, CO 80102

Thirteen-unit manufactured home community with additional commercial potential.

Property Size1,150 SF
Price / SF$2,026
Days on Market824

Property Features for 460 E Colfax Ave

General Information

Standard status Active
Size 1,150 SF

Taxes and HOA fees

Annual Taxes $14,707
Listing Agency: Coldwell Banker Realty 24
Listed By: Matt Brinkhoff · License #FA.100073407
Source: Exprealty
Added: Jun 10, 2024 Changed: Sep 10 Last Checked: Sep 11 at 1:06PM

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 Coldwell Banker Realty 24

Investment Insights

Based on property information with market context.

This property offers multiple income streams in Bennett, Colorado, featuring a 13-unit manufactured home community. The turnkey community includes newer Champion homes built between 2017 and 2019, all of which are park-owned and rented. Each spacious 1,150 sq ft unit has a 2 bed/2 bath layout, 2x6 exterior walls, smart siding, 50yr Malarkey Legacy shingles (installed in 2021), and a two-car driveway. Each unit is separately metered for gas and electric, and the community is served by city water and sewer, with a sub meter system for individual water utility billing. The property is registered with the Colorado Division of Housing Mobile Home Park Oversight Program (MHPOP) as Bennett Homes, MHP-003371. The gross operating income has increased 8.24% year over year, as of December 31, 2025 T12. The property also includes 100 ft of high visibility frontage along E. Colfax Avenue with Town of Bennett commercial mixed-use zoning, offering potential for additional income. The approximately 1,200 sq ft 1940’s structure could be reimagined for future retail or office space. Bennett has experienced a notable population increase since 2020, with an average annual growth rate of 8.7%, and projections estimate a continued expansion at a 12% - 20% growth rate per year through 7/1/2029. The property is conveniently located near Denver International Airport, Colorado Air & Space Port, and the Data, Tech, and Industrial developments at Port Colorado & Rocky Mountain Rail Park. The in-place cap rate is 6.74% (self-managed), with a pro forma cap rate of 7.35% + (including professional management).

Key Highlights

  • Turnkey 13‑unit manufactured home community with newer (2017‑2019) park‑owned Champion homes.
  • High‑visibility frontage on E. Colfax Avenue with commercial mixed‑use zoning.
  • Strong growth area: Bennett has experienced significant population increase since 2020.

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store HVAC Service Electrical Service Grocery & Convenience Store

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

203
Businesses Nearby

Demographics for 80102, CO

6,520
Population
2,098
Households
3.1
Avg Household Size
40
Median Age
25%
College-Educated
91%
High-School Grad
293.8 sq mi
ZIP Area
22
Density / Sq Mi
$106,372
Median Household Income
$51,357
Median Earnings
$1,358
Median Rent
$491,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Thirteen-unit manufactured home community with additional commercial potential.
Where is this mobile home & rv park located?
The property is located at 460 E Colfax Ave Bennett, CO.
What is the asking price?
The asking price for this property is $2,330,000.
What are key features of this property?
This property features: Turnkey 13‑unit manufactured home community with newer (2017‑2019) park‑owned Champion homes.; High‑visibility frontage on E. Colfax Avenue with commercial mixed‑use zoning.; Strong growth area: Bennett has experienced significant population increase since 2020.
More about this property
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