Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 513571
- Posted On: Mar 17, 2015
- Updated On: Jul 6, 2015
Description
• Opportunity to acquire two immediately adjacent parks in the tourism community of Cortez, Colorado with submetering and rent growth upside.
• All 8 inventory homes (which are included in the sale) are currently occupied so if a buyers adds homes to the park they should be able to quickly improve performance.
• With only 5 of 119 sites already submetered there is tremendous value add for new buyer to submeter the rest of the park.
• All roads in the park are paved and all spaces are individually metered for electricity and gas.
• Municipal sewer and water are already in place.
• Seller not taking full advantage of new zoning rule, allowing for the opportunity to reconfigure some sites to add homes and RV spaces to the park.
Location
• Tucked in Southwest Colorado, Cortez and the surrounding region is placed between glorious deserts and majestic mountains and is rich with history, recreation and agricultural activity.
• Home to Mesa Verde National Park, an ancient Anasazi and Pueblo Indian home.
• Cortez, a gateway to Southwest Colorado receives more than two million visitors per year.
• Daily scheduled commercial flights between Denver and Cortez.
• Cortez and the Montezuma Valley are home to multiple wineries.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 119 |
| Total Occupancy: | 81.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $229 |
| Size: | 11 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
