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$ 2,400,000
Est. payment | /mo
1 Bath
1,168 SqFt
$ 2,400,000
Est. payment | /mo
1 Bath
1,168 SqFt
Key Details
Property Type Commercial
Sub Type Mobile/Manufact Home Park
Listing Status Active
Purchase Type For Sale
Square Footage 1,168 sqft
Price per Sqft $2,054
MLS Listing ID 826435
Full Baths 1
Year Built 1996
Annual Tax Amount $5,743
Tax Year 2024
Lot Size 4.130 Acres
Acres 4.13
Property Sub-Type Mobile/Manufact Home Park
Property Description
The Lilly Belle mobile home park, family owned and operated since 1996 is on the market for the first time. A great investment opportunity in Durango, CO. This cash flowing property is located the fast-growing Grandview area. 13 mobile home spaces and one stick-built home make up the rental pool. The spaces are rented at $600/month and the stick-built home is rented at $1200/month. Monthly income is $8400, all rents are below market value. Currently all leases are month to month. Each space has an individual LPEA and Atmos meter. The park is serviced by the South Durango Sanitation District/Loma Linda and a community well system. The well is maintained by the park owners and inspected by the state of Colorado. There is a 10,000 gallon, underground cistern on site for fire mitigation. The Lilly Belle is an opportunity that must be explored.
Location
State CO
County La Plata
Interior
Heating Natural Gas
Furnishings Unfurnished
Exterior
Parking Features 2 per unit
Utilities Available Electric, Natural Gas, Sanitary Sewer, Water
Building
Story 1
Sewer Public Sewer Installed
Water Shared Well/Spring
New Construction No
Listed by Keller Williams Realty Southwest Associates, LLC
Nearby Locations
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