Positve Cash Flow Mobile Home Park
511 4th Street
Deer Trail, CO 80105
| Price: |
$120,000 |
| CAP Rate: |
0.00% |
| Building Size: |
0,000 SF |
| Approx Lot Size: |
0.31 Acre(s) |
| Year Built: |
1970 |
Net Lease
Investment: |
Yes |
| Existing Debt: |
No |
| Property On Ground Lease: |
No |
| 1031 Exchanges Acceptable: |
No |
Property Features- Priced well below market value
- Occupied mostly by State DOT employees who work in the area
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For more information contact:
Mary Robinson
(800) 775-0283 Ext. 23
Community Investment Group
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Property Description
Mobile Home Park in Deer Trail Colorado
Utility shed, 96 sf, on the property
6 units- 4 of 6 are currently rented
Records of near 100% occupancy (the two empty units are due to tenant repeated late payments).
$158.00 month per unit expenses (monthly average over a year period, including estimated insurance) =$948.00Monthly, $11,376.00 Yearly
Estimated Market Value - $250,000.00
Gross Income $3250.00 Monthly
Expenses (high months) $1750.00 Monthly
Unit 1 2/1 -$500.00
Unit 2 --3/1 - $550.00
Unit 3 2/1 - $550.00
Unit 4 2/1 - $550.00
Unit 5 2/1 - $550.00
Unit 6 3/1 - $550.00
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