Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 8.1%
  • Listing ID: 1374267
  • Posted On: Jan 2, 2021
  • Updated On: Jan 11, 2024


80 Acres
$14.5k in monthly revenue
8+% CAP rate
16 units, each unit is on roughly 5 acres.
14 of the units are park owned. 1 RV spot.
1 pad rental.
Water is $900 a month
Trash is $400 a month
Tenants pay their own electric and propane.
The units are all older, but in very high demand. Each 5 acre lots is fenced and many tenants have horses, chickens and goats.
Maintenance man lives in one of the units.

Owner is willing to finance 50%
Contact for financials. Qualified buyers only!!!


12 minutes from large grocery stores, restaurants and schools. 25 minutes to downtown Colorado Springs.

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Park Information

Community Type: All Age
Number of MH Lots: 16
Total Occupancy: 100.0 %
Average MH Lot Rent: $900
Size: 80 acre(s)

Financial Information (Actual)

Gross Income: $17,400
Operating Expense: $30,000
Net Operating Income: $14,400
Expense Ratio: 172.4 %

RV Information

Number of RV Lots: 1
Average RV Lot Rent: $450

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 14
Average Rent for Park-owned Homes: $940

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