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7401629
7067384

757 Co Rd 308, Downieville-Lawson-Dumont, CO 80436

MC
CO FA 100076473
Hoff & Leigh
BL
CO FA100067372, CO ER.100067372
Hoff & Leigh
Listed by Hoff & Leigh
$945,000
1912 days on market
Updated 69 days ago

757 County Road 308

Details
Property Type Multifamily, Land (+1)
Sub Type Commercial, Single Family Rental Portfolio (+1)
Net Rentable (SqFt) 5,422
Units 6
Cap Rate 9.52%
NOI $89,919
Occupancy 100%
Pro-Forma Cap Rate 11.85%
Pro-Forma NOI $111,986
Price Per Acre $607,064
Broker Co-Op Yes
Class C
Year Renovated 2020
Buildings 6
Stories 1
Acreage 1.359
Zoning C-1
Investment Type Stabilized
Occupancy Date 11/30/2025

Hoff & Leigh brings you a profitable mobile home park and covered land play with I-70 frontage.

Marketing description

Hoff & Leigh brings you a highly profitable mobile home park and covered land play with I-70 frontage and over 50,000 cars per day! The property is fully leased with annual lease agreements and rent increases; the property currently generates $119,466 in annual gross income with potential for increased growth. Recent renovations including a new roof on the cabin have the property primed and ready for a hands-off investor to collect checks. The property has 6 units and all units are Park-Owned. As a covered land play, zoning allows for a variety of uses including restaurant, retail, office, and industrial. A short 40 min drive to downtown Denver and to the major ski resorts makes it ideal for ski town workers or even as short-term rentals. Call us today to take advantage of this rare opportunity!

For more info, please text/call: Michael Crawford 720.683.0399. [email protected]

Key Details:

$945,000

Current Gross Income: $119,466

Current NOI: $89,919 (including 8% mgmt fee)

Current CAP Rate: 9.52% (proforma 11.85% CAP)

6 units total: 5 mobile homes and 1 cabin (All Park-Owned, new roof on cabin 2023)

5,422sf

1.359 acre lot situated in Dumont between Denver and Ski resorts

Well Water, City Sewer and Xcel Electric/Gas

100% occupancy, No vacancies

Investment highlights

  • Great investment opportunity with stabilized income ideal for a covered land-play or redevelopment opportunity

  • Gross Income (December 2025): $119,466

  • NOI (December 2025): $89,919 (Including 8% mgmt fee & 2024 Additional Expenses)

  • 9.52% CAP rate (current)

  • 11.85% CAP rate (pro-forma)

  • 50,000+ VPD

  • Located in Dumont On High Traffic I-70 Frontage Road Between Denver and Ski Resorts

  • Well Water, City Sewer, Xcel electric/gas

Listing Contacts

MC
CO FA 100076473
Hoff & Leigh
BL
CO FA100067372, CO ER.100067372
Hoff & Leigh
Listed by Hoff & Leigh

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$89,919.00
$7,493.25/mo

Valuation Metrics

0
DSCR
9.52%
Cap Rate
9.52%
ROI

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Additional Information

Name
Michael Crawford
License
FA 100076473
Brokerage
Hoff & Leigh Denver
Brokerage Phone
7206830399
Title
Senior Broker
Brokerage Address
6454 South Quebec Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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