John and Jim Renfrow, Brokers, Montrose Colorado
Courtesy: Renfrow Realty

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  • Price:

    • $248,888

  • Listing #:
    • 758106
  • Class:
    • Commercial
  • Type:
    • Mobile/manufact Home Park
  • Status:
    • Active
  • # of Units:
    • 5
  • Apx. Acres:
    • 0.42
  • Apx. Sqft.:
    • 3880
  • Subdivision:
    • None
  • Address:
    • 121 SW 7th St
  • City:
  • County:
    • Montrose
  • Area:
    • Olathe
  • State:
    • CO
  • Zip:
    • 81425

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Description

Income-producing opportunity with tons of potential! Own your own mobile home park in Olathe. Fully-leased property has four mobile homes and one stick-built home on .42 acres. Incredible amount of new improvements and upgrades throughout. Attractive 10.36% capital rate revenue generator for the savvy investor. Each dwelling has power, gas, water and sewer. The possibilities are endless! Incredible tax break with Opportunity Zone designation!
  • Building Details
    • # Floors:
      • - 1
    • Total Baths:
      • - 5.00
    • Full Baths:
      • - 5
    • Fixtures Included:
      • - No
  • Square Footage
    • List Price/Sqft:
      • - $64.15
    • Finished SF:
      • - 3,880.00
    • Main Sq Ft:
      • - 3880
  • Property Details
    • Lotsizedim:
      • - .42 Acres
    • Lot Size/acerage:
      • - Less Than 1 / 2
    • Current Property Use:
      • - Other
    • Possible Property Use:
      • - Other
    • Fence:
      • - Other
    • Railroad Siding:
      • - No
    • Water Rights/irrig.:
      • - No
    • Zoning:
      • - Commercial
    • Zoning:
      • - General Residential
  • Income and Expenses
    • Lease Included:
      • - Yes
  • HOA Details
    • Owners Association(oa):
      • - No
  • Utilities
    • Available Utilities:
      • - Water
      • - Electric
    • Exsting Utilities:
      • - Natural Gas
      • - Electric
    • Domestic Water:
      • - Public
    • Water Well:
      • - No
    • Sewer:
      • - Public Sewer Installed
  • Miscellaneous
    • Inventory Included:
      • - No
    • Total Taxes $:
      • - $520.20
    • Tax Year:
      • - 2019
    • Special Assemnt Y/n:
      • - No
    • Real Estate For Sale:
      • - Yes
    • Available For Auction:
      • - No
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For more information on this listing, please contact...