Land For Sale • 1.35 AC
Key Details: For Sale $945,000 Current Gross Income: $119,466 Current NOI: $89,919 (including 8% mgmt fee) Current CAP Rate: 9.52% (proforma 11.85% CAP) 6 units total: 5 mobile homes and 1 cabin (All Park-Owned, new roof on cabin in 2023) 5,422sf 1.359 acre lot situated in Dumont between Denver and Ski resorts Well Water, City Sewer and Xcel Electric/Gas 100% occupancy, No vacancies
| NOI: $89,919 (Including 8% Property Management Fee) |
| Current Cap Rate of 9.52% |
| Proforma Cap Rate of 11.85% |
| 50,000+ VPD |
| Located in Dumont On High Traffic I-70 Frontage Road Between Denver and Ski Resorts |
| Redevelopment Opportunity |
| Total Expenses: | $29,547 USD |