22825 Co-94 Calhan, CO 80808
- Mobile home & RV parks
- 172.94 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 22825 Co-94
- Year built
- 1970
- Lot size
- 172.94 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Land
Description
Exceptional investment opportunity: Prairie Estates Mobile Home Park, a 99-pad residential community situated on 172.94 acres in Calhan, Colorado, is offered at $7,700,000. Built in 1970, this established park boasts 97 tenant-owned pads and significant expansion potential. Located directly off Highway 94, it's a 13-minute drive from Schriever Air Force Base and within 20 minutes of Colorado Springs, providing affordable housing near major employers. The property's ample water resources support up to 260 pads, allowing for substantial growth. The highway frontage presents commercial development possibilities. Recent improvements include landscaping enhancements and a major cleanup. This value-add opportunity is situated in a rapidly developing area, designated as an Opportunity Zone, and benefits from below-market rents. The existing infrastructure and substantial acreage offer a unique chance to increase cash flow and capitalize on the area's growth. This property presents a compelling investment in a thriving Colorado market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Calhan
- County
- El Paso
- State
- Colorado
- Longitude
- -104.405
- Latitude
- 38.8378
