Hoff & Leigh proudly presents a great investment/development opportunity in the growing town of Idaho Springs. This 23 unit mobile home park is located in the heart of busy Idaho Springs. The park sits on 2.27 acres, is within walking distance of multiple restaurants and amenities and is currently on a waiting list. There is room to increase rents at lease expirations, 2 sites could be used for short term RV rentals, and have potential to add amenities. Each Mobile Home/Site has its own water tap and there are 2, 4 inch, unused water taps. Gross income of $268,200. Current NOI is approximately $207,000 selling at an 8.6% cap rate.
Do not miss your opportunity, call Hoff & Leigh today!
• 18 Landlord Owned Mobile Homes
• Waiting List for Future Tenants
• Centrally Located Near Downtown Idaho Springs
• Two Unused 4” Water Taps
• Ample Spacing Between Homes