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18055 County Road G - Mobile Home Park and RV Park

1,064 SF Speciality Building Offered at £1,861,976 at a 10.09% Net Initial Yield in Ordway, CO 81063

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Investment Highlights

Mobile Home Park
Manufactured homes all owned by park

RV Park

Executive Summary

WOW! Outstanding business opportunity you cannot afford to miss! MOBILE HOME PARK with attached RV PARK. Mobile home park features 30 spaces, 16 currently in place and rented. All mobile homes are owned by park and feature the following: metal roofs, gutters & down spouts, insulated & metal skirting, central air, fenced yards with storage sheds. RV park features 29 spaces, most are occupied. Amenities coin operated laundry room with 2 washers and 2 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. Next door to these amenities, is the perfect place for an on site manager. The main office is attached to a living space that features 3 bedrooms and 1 bathroom with an open concept living and kitchen area. Huge pole barn with overhead doors on site. Plus, 10 acres of unimproved space for expansion and even more opportunity! Seller has access to more mobile homes if buyer wants to purchase. OWNER CARRY OPTION: 20% down at 6.5% for 15 years. Buyer is to verify ALL info. For questions, contact the listing agent, Lacey A. McCarthy RE/MAX Associates, 719-252-4050.

Plat Map

Financial Summary (Actual - 2023)	Annual	Annual Per SF
Gross Rental Income	-	-
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	-	-
Net Operating Income	£187,868	£176.57

Financial Summary (Actual - 2023)

Gross Rental Income
Annual	-
Annual Per SF	-

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	-
Annual Per SF	-

Net Operating Income
Annual	£187,868
Annual Per SF	£176.57

Property Facts

Price	£1,861,976	Building Class	C
Price Per SF	£1,750	Lot Size	21.60 AC
Sale Type	Investment	Building Size	1,064 SF
Net Initial Yield	10.09%	Number of Floors	1
Sale Conditions	Portfolio Sale Business Value Included	Year Built/Renovated	2017/2024
Property Type	Speciality	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Residential Income Multifamily Manufactured Housing Mobile Home Park

Price	£1,861,976
Price Per SF	£1,750
Sale Type	Investment
Net Initial Yield	10.09%
Sale Conditions	Portfolio Sale Business Value Included
Property Type	Speciality
Property Subtype	Residential Income Multifamily Manufactured Housing Mobile Home Park
Building Class	C
Lot Size	21.60 AC
Building Size	1,064 SF
Number of Floors	1
Year Built/Renovated	2017/2024
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.