757 County Road 308

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 already generates $97,647.60 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 total with 3 park owned mobile homes, 1 park owned cabin, and two lot rentals. 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! Seller will carry with following terms:
50,000+ VPD
Located in Dumont On High Traffic I-70 Frontage Road Between Denver and Ski Resorts
Redevelopment Opportunity
Well Water, City Sewer
Current CAP Rate: 6.55%. Proforma CAP Rate: 8.5%
Gross Income: $99,147
NOI: $55,726 (Including 8% Management Fee)