Contact Information
Stephen Swiatek
License: FA100087058
Thrive Commercial Partners
Mobile Home Park Details
- Price: $1,950,000
- Purchase Method: Cash, New Loan
- Listing ID: 6830834
- Posted On: Feb 24, 2025
- Updated On: Feb 24, 2025
Description
Located in the expanding city of Aurora, Colorado, this well-maintained mobile home park offers a unique investment opportunity with 12 fully developed lots. Situated in a prime location with easy access to major highways, shopping centers, schools, and parks, this mobile home park provides a reliable income stream with long-term growth potential.
Key Features:
12 Lots: Spacious, mostly double-wide, lots with a mix of tenant-owned and park-owned homes.
Prime Location: Conveniently located near I-70, E-470, and just minutes away from local amenities including dining, shopping, and entertainment.
Strong Occupancy: High occupancy, providing good cash flow.
Public Utilities: Public water and sewer, with tenants responsible for electricity and gas and reimbursing for water/sewer.
Income Potential: Immediate rental income with room for growth through strategic park management, potential rent increases and renovation of 2 vacant POH.
Aurora’s central location within the Denver-Aurora-Lakewood metro area ensures continued demand for affordable housing in the region. With excellent access to public transportation, major employers, and the scenic beauty of Colorado, this mobile home park provides an attractive option for both tenants and investors alike.
Park Information
Community Type: | All Age |
Number of MH Lots: | 12 |
Total Occupancy: | 83.3 % |
Average MH Lot Rent: | $1,150 |
Lot Information
Singlewide Lots: | 2 |
Doublewide Lots: | 10 |
Utility Information
Water: | City |
Water Paid By: | Tenant - RUBs |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 10 |
Average Rent for Park-owned Homes: | $1,844 |