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1001 S 1st St
Lamar, CO 81052

$550,000 USD

Manufactured Housing Mobile Home Park For Sale  •  186,219 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 186,219 SF
  • Lot Size 4.28 AC
  • Building Class C
  • Year Built 1999
  • Cap Rate 7.91 %
10 Transit Score
30 Walk Score

Highlights

VALUE-ADD OPPORTUNITY THROUGH LEASE-UP OF VACANT PADS
MAJORITY TENANT-OWNED HOMES REDUCING OPERATIONAL INTENSITY
ALL UTILITIES ARE DIRECTLY BILLED TO TENANTS
STABLE OCCUPANCY WITH CONSISTENT DEMAND FOR AFFORDABLE HOUSING

Property Flyers

Cap Rate: 7.91 %

Public Transportation

Commuter RailDriveWalkDistance
Lamar Amtrak (Southwest Chief - Amtrak) 3 min 16 min 0.9 mi
Ellie Stanton 303-962-9555 Pinnacle Real Estate Advisors
Ellie Stanton 303-962-9555 Pinnacle Real Estate Advisors