10 9Th Ave Longmont, CO 80501
- Mobile home & RV parks
Current Use by Public Records
- Urban Phantom/Mons Productions / Musician
- TNT Contracting LLC / Demolition Contractor / Concrete Contractor
- NoCo Mobile Mechanic / Auto Repair Shop / Mechanic
Property Details for 10 9Th Ave
- Property type
- Mobile home & RV parks
Description
This exceptional 28-unit mobile home park presents a compelling value-add investment opportunity in Longmont, Colorado. Situated on a substantial 100,593 square foot lot at 10 9th Ave, 80501, this property offers immediate cash flow with significant upside potential. The park consists of 28 single-story buildings, each housing a mobile home, providing a total of 28 pads. The asking price is $4,500,000, translating to approximately $160,714 per pad. This represents a strong entry point for investors seeking to capitalize on the growing demand for affordable housing in the Longmont area. The property's size and location within Boulder County offer substantial future development possibilities, allowing for potential expansion or repositioning to further enhance profitability. This is a prime opportunity for an investor looking to increase rental income through improved management and strategic upgrades. The property is categorized as a value-add investment and development opportunity. This mobile home park is an excellent addition to any portfolio seeking strong returns and long-term growth.
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
- Longmont
- County
- Boulder
- State
- Colorado
- Longitude
- -105.0934611
- Latitude
- 40.1743735