30365 Highway 160, Durango, CO 81301
30365 Highway 160, Durango, CO 81301
30365 Highway 160, Durango, CO 81301
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$2,400,000
Est. payment /mo
1 Bath
1,168 SqFt
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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


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Colorado Real Estate Network (CREN) + Sold
Listed by Keller Williams Realty Southwest Associates, LLC

Nearby Locations

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30365 Highway 160

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The Blackmore Group Group

+1(970) 444-2431

ashley@ashleyblackmorehomes.com