CO USA Idaho Spg Saint Mary's, CO 80452
This exceptional portfolio comprises five mobile home parks totaling 110 units, strategically located in the desirable Colorado mountains near Idaho Springs. Boasting a strong 10.37% cap rate and projected annual revenue exceeding $1.3 million, this Class B property offers immediate double-digit cash-on-cash returns and a substantial net operating income (NOI) of over $900,000. The portfolio's prime location, west of the Denver Metro area, provides residents with unparalleled access to both world-class outdoor recreation (including nearby ski resorts) and employment opportunities in the thriving tourism and service industries. The high demand for affordable housing in this region, fueled by major employers and attractions, ensures consistent occupancy and strong rental income. This investment presents a rare opportunity to capitalize on the robust Colorado market, offering a compelling blend of mountain living and exceptional financial returns. The properties are situated along major interstates, providing convenient access to amenities and employment centers such as Colorado Mills and Belmar shopping centers. The mix of mobile home, cabin, and RV spaces caters to a diverse range of residents, further enhancing the portfolio's appeal and stability. This is an exceptional opportunity for investors seeking immediate, substantial returns in a highly sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.