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2401 & 2485 E Main St

19 Unit Mobile Home Park £1,134,553 (£59,713/Unit) 8.14% Net Initial Yield Canon City, CO 81212

Executive Summary

Fuller Real Estate is pleased to offer, Shady Nook, a 2.4-acre mobile home park in Cannon City, CO. This income-producing property
boasts 17 mobile home units, one single-family home, one duplex and four storage sheds. The current owners have made multiple
improvements over the last year including road resurfacing, two mobile home renovations, landscaping and $10k worth of waterline
and sewer line upgrades. The property offers on-site property management and multiple value-added opportunities such as vacant
spots for new mobile home units, one unit that can be fully replaced, and two vacant land areas for future development. Offered at
$1,450,000.

Property Facts

Price £1,134,553
Price Per Unit £59,713
Sale Type Investment
Net Initial Yield 8.14%
No. Units 19
Property Type Residential
Property Subtype Manufactured Housing/Mobile Home
Lot Size 2.40 AC
Building Size 15,500 SF
Number of Floors 1
Year Built 1976
  • Listing ID: 32083825

  • Date on Market: 10/06/2024

  • Last Updated:

  • Address: 2401 & 2485 E Main St, Canon City, CO 81212

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