Executive Summary
- 20 developed “country size” mobile home large lots all with city utilities.
- 2 undeveloped "country size" mobile home large lots ready for utilities.
- 3 park owned mobile homes
- 5 mobile homes with chattel mortgages
- Asking Below Appraised Value
Mobile Home Park in the Colorado Springs bedroom community of Calhan, Colorado. Opportunities like this don’t often come around. 20 developed “country size” large lots all with city utilities. With a current CAP of 8.7 on the lots and notes and an upside pro forma CAP of nearly 12, this highly profitable property is a real gem. **20 developed “country sized” lots ** 2 undeveloped lots ** 3 Park Owned Mobile Homes ** 5 Rent-To-Own Homes ** 6 vacant, developed lots ** Tremendous Upside Potential. Contact Agent for Prospectus. This property is being sold in compliance with Colo. Rev. Statute 38-12-217
Property Facts
Price $1,800,000
Sale Type Investment
No. Lots - 22 + 3 Homes + 5 Chattel Mortgages
Lot Size 4.68 AC