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18055 County Rd G

Mobile Home & RV Park On 10 Acres - 59 spaces; 11 Attached Acres For Expansion

Listing Contacts

Active

Asking Price: $2,460,000
Earnest Money  Deposit: $50,000 min.
Address 

18055 Co Rd G, Ordway, CO 81063

Show on Map
Date Added
Jul 8, 2023
Days on Market
683 days
Time Since Last Update
36 days

Details

Property TypeBusiness for Sale, Mobile Home Park
SubtypeBusiness and Building
ClassA
Square Footage16,000 - 20,000
Cap Rate10.78%
Occupancy100%
NOI$265,260
Units18
Pads31
Year Built2017
Year Renovated2025
Stories1
ZoningA
Lot Size (acres)21.6
Parking (spaces)59
Broker Co-OpYes
OwnershipSeller
Sale ConditionFor sale by owner
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Marketing Description

WOW! Outstanding business opportunity you cannot afford to miss! MOBILE HOME & RV PARK.​ 31 mobile home spaces, 18 mobile homes currently in place, 14 vacant slots ready to go.​ All mobile homes are owned by park and are complete renovated.​ They feature the following: metal roofs, gutters & down spouts, insulated & metal skirting, central air, fenced yards with storage sheds.​ 28 RV spaces.​ There are 2 park owned RVs.​ Office building on site with attached 3 bed 2 bath living space connected to amenity building.​ Amenity building includes laundry room with coin operated washers and dryers, utility rooms with two new water heaters and mop sink, and three separate bathrooms; two of the four have walk in showers, one of which is handicap accessible.​ All have codes to access and are secure.​ Huge pole barn with overhead doors on site.​ All equipment/machinery on site is negotiable.​ Plus, 10 acres of unimproved space for expansion and even more opportunity! Property line starts behind JR's Country Store and goes back to the ditch.​ Acreage is for combined parcel numbers 10802148 and 10802482.​ Expenses are extremely low! Property is exempt from 120-day waiting period and can close ASAP! Seller will continue to renovate / add homes until sold, reflecting price increase.​

Investment Highlights

Mobile Homes

  • 31 Mobile Home Spaces

  • 18 homes in place and fully renovated

  • All mobile homes park owned

  • 14 vacant mobile home slots ready to go

RVs

  • 29 RV Spaces

  • 2 park owned RVs

Office Building

  • Coin-op laundry facility

  • On site amenities

  • Office w/ attached living space

Land

  • 10 of the 21 acres is unimproved space for expansion

Gross Income / Expenses

  • Monthly Income: $19,270 - $28,470

  • Monthly Operating Expenses: $1,765

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$265,260.00
$22,105.00/mo

Valuation Metrics

0
DSCR
10.78%
Cap Rate
10.78%
ROI
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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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