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MLS Number:
219150
Property Type:
Commercial Buildings
Area:
Outlying
List Price:
$2,800,000
Street Number:
2431
Direction:
Address:
Central Avenue
City:
Canon City
State:
CO
Zip Code:
81212
Building SqFt:
21270
Apx Year Built:
1918
Lot Dimensions:
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Lease Type/Terms:
Other
Lease Includes:
None
Building Description:
Single Story
Business Type:
See Remarks
Zoning:
MH
Taxes:
Prior Tax Year:
2022
Tax Year:
Public Remarks:
Welcome to Canon City’s Central Avenue Mobile Home Community, a hidden gem nestled in the breathtaking beauty of Canon City, Colorado. This charming mobile home park features 23 renovated units 2 being stick-built homes. With a nearly 100% occupancy rate and an average monthly rent of $1200, this property promises a steady and reliable income stream for investors looking for 7+% cap rate investment opportunities. As an added bonus, the property has 4100 square foot building that currently sits vacant. This versatile space offers an excellent opportunity for further income generation. This mobile home park is more than just a real estate investment; it's a well-maintained, income-generating asset set against the backdrop of Canon City's natural beauty. With renovated units, stick-built homes, and additional rental potential, this property offers a unique blend of stability and growth, making it an exceptional opportunity for investors looking to capitalize on the thriving Canon City real estate market.
Variable Commission:
Yes
Co-Op %/$:
3
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