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

22825 Co-94 Calhan, CO 80808

172.94 ac lot Built 1970
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mobile home & RV parks
Year built 1970
Lot 172.94 ac (7,533,266 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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