757 Co Rd Downieville-Lawson-Dumont, CO 80436

This exceptional investment opportunity presents a 1.359-acre, C-1 zoned mobile home park and covered land play in Downieville-Lawson-Dumont, Colorado (80436), boasting I-70 frontage with over 50,000 vehicles passing daily. The property features six units: three park-owned mobile homes, one park-owned cabin (with a new roof in 2023), and two tenant-owned mobile homes on rented lots. Currently operating at 100% occupancy with annual lease agreements and built-in rent increases, the property generates a substantial gross income of $97,347 and a net operating income (NOI) of $67,332 (including a 7% management fee). The pro-forma NOI, assuming self-management and market rents, projects to $79,775, resulting in a compelling pro-forma cap rate of 9.39%. The asking price is $850,000, representing a current cap rate of 7.92%. The 5,522 square feet of rentable buildings are situated on a well-maintained lot with city sewer, Xcel electric/gas, and well water. Its prime location offers easy access to Denver and nearby ski resorts, making it attractive for both long-term residents and short-term rentals. The flexible C-1 zoning allows for diverse future development possibilities, including restaurant, retail, office, or industrial uses. This stabilized investment is ideal for hands-off investors seeking strong returns and significant upside potential. The property's strong performance and diverse potential make it a truly exceptional opportunity.