408 NW 8th Street #1-12, Cedaredge, CO 81413
408 NW 8th Street #1-12, Cedaredge, CO 81413
408 NW 8th Street #1-12, Cedaredge, CO 81413
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The Blackmore Group Group

The Blackmore Group Group

+1(970) 444-2431
$1,850,000
Est. payment /mo
10,500 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mobile/Manufact Home Park

Listing Status Active

Purchase Type For Sale

Square Footage 10,500 sqft

Price per Sqft $176

Subdivision Boulder Park

MLS Listing ID 838290

Annual Tax Amount $603

Tax Year 2025

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type Mobile/Manufact Home Park

Property Description

Great investment opportunity with this 12-Unit mobile home park. All units are park/Seller owned and 100% leased. Over the last 24+ months the 9 units and grounds were renovated, and in 2026 three brand new units were added on vacant lots. $600,000 was recently invested in the renovations and in adding the new units. (original dates/ages of 9 units range from 1966-1983, albeit renovated and modernized). The in-place gross revenue of $215,000 and net operating income (NOI) of $159,000 generates an 8.6% CAP Rate. Nestled at the foot of Colorado's Grand Mesa, Cedaredge is a charming mountain town where small-town hospitality meets breathtaking natural beauty. With its sweeping views, mild four-season climate, and rich agricultural heritage, Cedaredge offers a slower pace of life surrounded by orchards, vineyards, and scenic trails. However, it's close to the employment centers of Grand Junction, Delta and Montrose. Don't miss this awesome stable investment Opp, call or email now to tour the property!

Location

State CO

County Delta

Interior

Heating Forced Air

Cooling Central A/C

Furnishings Unfurnished

Exterior

Parking Features Gravel, 2 per unit

Utilities Available Electric, Internet, Sanitary Sewer, Water

Roof Type Architectural Shingles,Metal

Building

Story 1

Foundation Other

Sewer Public Sewer Installed

Water Water Installed

New Construction No

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Colorado Real Estate Network (CREN) + Sold
Listed by Grand Mesa Real Estate Services

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408 NW 8th Street #1-12

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The Blackmore Group Group

+1(970) 444-2431

ashley@ashleyblackmorehomes.com

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