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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

18055 Co Rd Ordway, CO 81063

16,000 SF 21.6 ac lot Built 2017
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity in Ordway, Colorado, this thriving mobile home park and attached RV park sits on over 21 acres. Currently boasting 59 spaces (16 mobile home sites, all fully occupied, and 29 RV sites, mostly occupied), this Class A property offers significant income potential. The 16 mobile homes are owned by the park and feature upgraded amenities including metal roofs, gutters, insulated skirting, central air, and fenced yards with storage sheds. The park also includes a coin-operated laundry facility, utility rooms with new water heaters, and three secure bathrooms, two with walk-in showers (one handicap accessible). An on-site manager's residence with three bedrooms and one bathroom is conveniently located next to the amenities, along with a large pole barn. The property features a 10-acre expansion area, presenting further development opportunities. The property's strong financial performance is reflected in its 10.09% cap rate and $237,108 NOI. Built in 2017 and renovated in 2024, the property is zoned A and includes 29 parking spaces. The asking price is $2,350,000. An owner carry option is available with 20% down at 6.5% interest for 15 years. All information should be independently verified by the buyer.

Property profile
Verified
Property type Mobile home & RV parks
Year built 2017
Total area 16,000 SF
Lot 21.6 ac (940,896 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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