Introducing the Blair Trailer Court, a turnkey mobile home park investment located at 465
Colorado Boulevard in the heart of Idaho Springs, Colorado. This property offers immediate
cash flow with significant upside potential, making it an ideal opportunity for investors seeking
stable income and future development possibilities.
Property Highlights
- Location: 465 Colorado Boulevard, Idaho Springs, CO
- Units: 8 fully renovated mobile homes, each leased to long-term tenants
- Current Gross Monthly Income: $13,100
- Potential Upside: Opportunity to lease the two RV storage space and two storage
sheds for additional revenue
Investment Opportunity
With a total of 9 water and sewer tap sets included (valued at approximately $170,082 based on
current city rates of $18,898 per set), this property presents a unique redevelopment
opportunity. The existing taps can be credited toward a new multi-unit development, should the
buyer choose to pursue redevelopment.
Strategic Location
Situated in downtown Idaho Springs, the Blair Trailer Court is within walking distance to local
shops, restaurants, and attractions. The property's proximity to I-70 provides easy access to
Denver and the surrounding areas, enhancing its appeal to tenants and future development
prospects.
Financial Overview
- Asking Price: $1,400,000
- Current Gross Annual Income: $157,200
- Additional Income Potential: Leasing remaining storage spaces + additional RV space
- Redevelopment Potential: Utilize existing taps for new construction
Don't miss this exceptional opportunity to acquire a high-performing asset with both immediate
income and long-term development potential in a thriving Colorado community.
Michael Glunk
HomeSmart