Remarks

Welcome to Canon City's Central Avenue Mobile Home Community, a hidden gem nestled in the breathtaking beauty of Canon City, Colorado. This charming mobile home park features 23 renovated units 2 being stick-built homes. With a nearly 100% occupancy rate and an average monthly rent of $1200, this property promises a steady and reliable income stream for investors looking for 7+% cap rate investment opportunities. As an added bonus, the property has 4100 square foot building that currently sits vacant. This versatile space offers an excellent opportunity for further income generation. This mobile home park is more than just a real estate investment; it's a well-maintained, income-generating asset set against the backdrop of Canon City's natural beauty. With renovated units, stick-built homes, and additional rental potential, this property offers a unique blend of stability and growth, making it an exceptional opportunity for investors looking to capitalize on the thriving Canon City real estate market.

Details

MLS#: 228938
Price: $2,561,001

Style: Commercial Sale
Baths Half: 0
Sq Ft: 21270
Year Built: 1918

County: Fremont
Subdivision: West Of Pueblo County
Tax Fee: 10579

School Elementary: RE-1
School Middle: RE-1
School High: RE-1